My preferred long term scenario is the same since several months; we should be in the intermediate wave (e) of a triangle wave [B]of primary degree.
We should be in the intermediate wave (3) of primary wave  of Cycle wave I .
The Leader does not seem to have finished his fall.
My preferred scenario is for a intermediate wave (c) of primary wave  in progress, so the long term uptrend is still intact and we could see new highs. But it is early to open a long position.
now we have to see if it stops his fall on the long term uptrendline or in the 420-430 area (near the 38.2% Fibonacci price retracement).
Any drop below these levels gives precedence to the alternative scenario: wave Alt:[a] of wave Alt: IV.
In this case, the probability that Apple's downtrend advances and kills the market's uptrend is very high.