$GOOG TOP 20
Added 2023-06-11 17:44:55 +0000 UTCVery very interesting to see that $GOOG finished exactly at our Wave Y target, to the precise hour.
I have maintained that $GOOG's chart is very interesting, it is showing strength but the setup is unorthodox.
A corrective wave that ends high, where Wave Y is, is normally followed by 5 waves down....I will plot this once I have the first subwave complete.
Level to watch here is the 0.5 Fib at $117, which will be close to the trend line and 50 Day MA, a break below here and this could be interesting.
If it can hold the 0.5 Fib, the green impulse wave will still be active.
Comments
I think if $AAPL and the $SPY break above, they will carry the market with them and especially the mega caps too.
Gareth Neary
2023-06-11 18:48:19 +0000 UTCCould you see googl taking 5 waves down even if there wasn't a broad market decline? I find that hard to see. With apple near a crossroads too, could be a turning point for a few of the big names
Jesse Gaffey
2023-06-11 18:39:52 +0000 UTC
