Apple AAPL Elliott Wave Update

HISTORY:

This is a topping formation I have spotted on 22 August 2012 on the blog:
http://elliottfxtrader.blogspot.com/2012/08/apple-aapl-h2-update.html

This is a slightly re - labeled continuation chart posted on 18 September 2012:
http://elliottfxtrader.blogspot.com/2012/09/aapl-apple-daily-update.html

 Some Head & Shoulders formation on 30 October 2012:
http://elliottfxtrader.blogspot.com/2012/10/aapl-daily-update.html

 Top is in for sure + wave 1 and 4  overlap chart on 8 November 2012:
http://elliottfxtrader.blogspot.com/2012/11/aapl-apple-daily-update.html

We are not done with the downside aka first correction on 26 November 2012:
http://elliottfxtrader.blogspot.com/2012/11/aapl-daily-update_26.html

PRESENT  SITUATION:

$AAPL Daily Update

We are not done with the downside just yet.

Seb

$AAPL Apple Daily Update

Looks like wave 3 might be over for now and it is a time for correction.


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AAPL Daily Update

This does not looks good for bulls.


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AAPL Daily Update

Head & Shoulder Target of $600 has been reached.

Elliott Wave labeling updated as well.

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$AAPL APPLE Daily Update

Head and Shoulder technical Pattern has broken neckline.
Target for wave c is $600.

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$AAPL APPLE Daily Update

Corrective wave 4 in progress, plenty of space to fall.


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$AAPL Apple Daily Update

Gap cues anyone?

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Apple AAPL H2 Update

Alternative counts says it is the top.

Waiting for futher confirmation.

Seb

NASDAQ E-mini Futures Daily Update

So,
It's summer time and livin' easy,
Grass is green and cotton is high...

...and we have a rally on no volume...


Yeah, right....


Seb

Google $GOOG Elliott Wave Weekly Chart

We are about to finish this rally?

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Apple AAPL Elliot Wave H2 & Daily Update

If we will not see an impulsive sell of from new top, then alternative count is void.


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AAPL Elliott Wave 2h Update

New high means  the bearish count WXY have been invalidated and with the recent price action looks like bulls might be in charge again.

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AAPL, Apple Elliott Wave 2H Update

Wave Y to the downside begins.

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Apple APPL Elliott Wave 2H Update

More upside pending.

Seb