Not much has changed this week for $AAPL, it has held the 1 Fib very well and just holding above the gap fill at $175, this is where we have Wave 4 set too.
I do not believe the market moves upward until $AAPL does, as we can see, the entire market has been pulling back since $AAPL hit the 1.618 Fib for Wave 3 at their earnings report.
The slight pull back at the 1.618 Fib and a small bounce that followed which retested the 1.618 Fib from below, is what I am most interested in, this could qualify as Wave A and Wave B of Wave 4.
If this is the case then $AAPL could reverse at any stage up for Wave 5, this would be a good outcome for the market....if this happens then the market pull back could be over, but we need to see $AAPL showing some strength now and bouncing this week......looking at this chart, it is certainly due a bounce.