TSLA Weekly Harmonic Elliott Wave and Hurst's Cyclic Analysis

Review:

Let's review the key points of our previous updates:

November 21st:

1. 40D trough on December 4th 2023.
   
2. 80D trough on January 6th 2024.
   
3. 20W trough in the first 2 weeks of March.
   
4. 40W trough in June-July 2024.
   

December 2nd:

1. Next phase is a very strong bullish move as wave (III) of a of 3.
   
2. 80D cycle FLD generated a target of 282.
   
3. 20W cycle FLD generated a target of 296.
   

December 9th:

1. 40W cycle FLD generated a target of 288.
   
2. A fib target for wave (III) peak: 279.35.
   

Update:

This week we finally started the strong bullish move that we were waiting for. All the statements we had on the previous updates need no change. I am just adding a few points/updates:

Analysis of the Structure:

We are in wave (B) of 3 of c of (III) of a of 3, developing as a triangle.

Analysis of the Cycles:

We got a late 40D cycle trough on December 13th. Now, we are in the second 40D cycle of the first 80D cycle of the first 20W cycle of the current 40W cycle.

Overall cyclic expectations:
The next trough we are expecting is a 20D cycle trough, which will be also a 40D and 80D cycle trough, so it's a major trough.

• The 40D cycle is showing a range of date for this upcoming trough: 16-23 January 2024.
  
• The 80D cycle is showing 8th January 2024 for the date of this trough. So, we can expect this trough will happen from 8 to 23rd January 2024.
  
• 20W trough expected 8-14th March 2024.
  
• Note that we will have another 20W cycle FLD cross to the upside next week.
  
• My 40W FLD target changed to 292.