Started studying Elliott Wave analysis and this is my first stab at it. Thoughts and corrections welcome. Thanks
Based on trend, Looks like we have another 5% to shave off before we'll see any bounce
If the 618 and longer term support hold this could be a great time to buy AAPl
Potential re-tracement to 618 fib
$SPY measures against Copper, $SOX semi's, US TBOND 2vs10 year bond spread, Breadth indicators Advanced/Decline Ratio, Percent of Stocks Above 50-Day Average on US Exchange.
Looking at forward indicators against the SPY including Copper price, SOX semi-conductor ETF, ADR and Yield curve.