$AAPL has now hit our Wave 3 target at $197 and rejected at this level yesterday and down to $193 in the PM now.....$AAPL certainly has the force to pull the market down for Wave 4....my thoughts are that Small and Mid Caps will benefit from this over all move down.
So $IWM could move higher while Mega Caps could move lower....this Wave 4 is a healthy pull back before going higher to complete Wave 5.
I will be adding to my positions if we do get a healthy pull back over the next month or so.
makis
2023-07-20 10:41:03 +0000 UTC