The rebound if any would challenge 1448.25-1453.61 in next few days?

The Friday I said "If we see a dip and the area 1427.00-1428.00 holds well for the day, I think I would buy this". The Friday's low was lower than 1427.00 but the index closed the day at 1428.88. I considered it as positive and it could be a turning point when the drop from 1470.96 to 1425.53 looks 5-waves pattern finished (more detail analysis can be found at  http://elliotwavetrader1.blogspot.com/).
The other positive points I noticed from Friday's markets are: DJ-20 up +0.88%, DJ-30 up +0.02%, Nasdaq 100 index up +0.03%  and the flagship Apple Inc up +0.26%.
Now when the New York time is 6.40 AM, I can see Europe markets and Euro up more than 0.40% - a very good sign for the US markets at open.
There is news that Apple Inc will unveil the iPad Mini on October 23 ttp://themarketsareopen.blogspot.com/2012/10/aapl-apple-inc-nasdaqaapl-round-up-ipadmini.html
I expect no big selling pressure on AAPL before that October 23.
For a very short-term challenge/target of this rebound I think the Fib 38.2% at 1442.88 would be closely watched before the next area at 1448.25-1453.61.

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