I commence with my gratitude to The Ultimate All-Knower
AAPL had gapped down and then rallied during the most of the day.
However, based upon the time and price cycle, AAPL is over due for a decline.
Let’s see why I think that;
AAPL has traveled 62 (61.8 Fibonacci) calendar days since Nov 17, 2010 low
AAPL has moved up for 144 (sq. rt. of 12 and also as sq. rt. of 2*100+(sq(2)) calendar days since its low on 08/27/2010.
It has been one lunar year (354.37 days) since, its low on 01/29/2010.
Furthermore, if it reaches a price level higher than 01/14/2011 close, then it squares out at $362.97, and $365.2 (which becomes a death zone). It, also, has two deadly time/price squaring lines in this area, as indicated on the chart attached herein, which creates death zone. It had acted as such in the past.
http://trade-in-harmony.blogspot.com/
it is possible that we will have a reversal today without even hitting 1300 on Sp500 ?