AAPL Weekly Harmonic Elliott Wave and Hurst's Cyclic Analysis
Review:
Let's review the key points of the previous update (December 2nd):
Update:
We seriously need no update as our expectations was followed perfectly (hit the play button on the previous update) and we already described the path for the weeks to come.
Analysis of the Structure:
We are in wave 3 of c of (V) of a of 5 of (A) of 3. Mt targets for wave (V) peak are 201.27 or 203.64.
Analysis of the Cycles:
December 4th was the 40D cycle trough. I have not much to add to my previous cyclic analysis. Note that the 80D cycle trough is expected on January 4th 2024, but based on some observations, I am predicting a triangle for wave b of 5, which will take until January 16th 2024 to breakout to the upside.
For now, what we care is that 201-203 is coming very soon (in the next 2 weeks, more probable is the end of next week), then we are starting a correction as wave b, that I do not expect to be deep (at least for now) and its going to correct more in time than in price.
Let's review the key points of the previous update (December 2nd):
- Going back to the count of September 9th.
- Wave (V) of a of 5 of (A) of 3.
- Target for the peak of wave a is 202.01.
- Second 40D cycle of the current 80D cycle.
- The 80D cycle trough is expected on January 4th 2024.
Update:
We seriously need no update as our expectations was followed perfectly (hit the play button on the previous update) and we already described the path for the weeks to come.
Analysis of the Structure:
We are in wave 3 of c of (V) of a of 5 of (A) of 3. Mt targets for wave (V) peak are 201.27 or 203.64.
Analysis of the Cycles:
December 4th was the 40D cycle trough. I have not much to add to my previous cyclic analysis. Note that the 80D cycle trough is expected on January 4th 2024, but based on some observations, I am predicting a triangle for wave b of 5, which will take until January 16th 2024 to breakout to the upside.
For now, what we care is that 201-203 is coming very soon (in the next 2 weeks, more probable is the end of next week), then we are starting a correction as wave b, that I do not expect to be deep (at least for now) and its going to correct more in time than in price.
