WOWsers, Traders. I hope you were wearing your seat belts today, it was a bumpy ride. Uncle Carl Icahn crushed the bid in Apple, but lucky for us we were already short and made some scratch on the day. Some serious tests of Fib support are in our sights tomorrow and will determine if we’re going to breakdown for good, or this is yet another 3-wave corrective head-fake. Also watching the USD/JPY forex rate as a break of 108 is a major warning shot across the bow.

Todd Gordon
President/Founder
TradingAnalysis.com

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