Apple will launch new product(iwatch) by today and the result can be look by tomorrow's market.
Result from last year iwatch launch, Apple make a short within 3 days. After that, never turn back.
The probability for this trade is take expiry around 1month (for options trader like me).
there still no obvious pattern to determine either Expending Triangle,acending tri,descending tri or falling wedge.
In term of Elliot Wave, Apple will make correctiion within this month and next month, a choppy market and a bearish momentum will be seen by this month.
my2cents
Result from last year iwatch launch, Apple make a short within 3 days. After that, never turn back.
The probability for this trade is take expiry around 1month (for options trader like me).
there still no obvious pattern to determine either Expending Triangle,acending tri,descending tri or falling wedge.
In term of Elliot Wave, Apple will make correctiion within this month and next month, a choppy market and a bearish momentum will be seen by this month.
my2cents