I was thinking it would bottom out closer to 570 -- but you've got the right idea.
Cadman10
⋅
50% of the strong prior move should do it. What do you see as the next top for APPL?
I'm thinking we'll see the top of wave B at around 630. See my larger view of the same chart. With Elliot wave theory in mind the move after that will be interesting... Wave C bottom @ around 330 !!!