The ED in the EU has changed form into a larger five wave impulse than previously forecast. This count has an advantage in that it has broken out in the character of an ED, that is, exactly retesting the lower trend line of the broken ED. Prices should decline sharply and swiftly from this point.
Wave E of the larger triangle was set some weeks ago after the election. Now a primary and second wave is set. In just a few days the EU will dive below parity and in the following months could go as low as 0.85.
This seems to be the primary wave of a larger impulse system. The non impulsive, seemingly complex correction is evidence of wave 2, resting at 50% support is good RR and characteristic of a primary wave. Internal form is good. Who knows how bullish it could be, why not target $600+ in the uptrend
AAPl has had a good run but now with many years of wave form/structure behind us we can call out it's exhaustion of performance. AAPL turning is consistent with an overall downturn in an economy that is too big to fail - gracefully that is. Full disclosure - I do not own a smart watch.