Same chart from the weekend and we said that Subwave 1 needed to complete shortly and the blue line at $182 was as good as any line to reject at and come down.
We have been seeing just that this week now.
So as always I will be watching for the 0.618 Fib at $173 as the support level to complete Subwave 2.
$AAPL has been very strict with its waves, so it is a good measure of how the market is behaving.
If $AAPL maintains its impulse Wave 5 structure, the market is following it.