Overview: I need to review both the updates of August 26th and September 1st: August 26th: Start of a bullish phase to the 210-220 zone by the end of October/first week of November. Wave c of (I) of a of 5 under development. Inside the second 40W cycle in the current 18M cycle now. Bullish move to the upside to ~186 in the coming week and then the...
Overview: let's review the key points of the previous update (September 1st): Wave (II) very close to the bottom, 240.58 target for the bottom. THIS IS AN AMAZING BUYING OPPORTUNITY. Wave (III) comes next, the strongest part of this move, 318.49 as a potential target for wave (III) peak. 20D trough on September 5th, then we start the second 20D cycle in...
Analysis of the Structure: Looking into the weekly chart, I see XLE in wave IV of (a) of III, developing as a triangle. Analysis of the Cycles: I have the March 2020 low as an 18-year cycle trough. Right now, we are in the third 80W cycle of the current 54M cycle. Considering the nominal 54M cycle length, we should get the 54M cycle trough in August 2024...
Overview: let's review our expectations on the previous update (August 19th): Wave IV of (c) of y of 4, and 14186.16 as my target for the bottom. 40W trough to form in the second half of the coming week. This is a great buying opportunity as we should get a nice bounce out of this 40W cycle trough flying to ATH and above. Update: the 40W trough was...
Overview: let's review the key points of the previous update (August 26th): 40W cycle trough was formed on August 18th, now we are inside the second 40W cycle in the current 18M cycle. Start of a bullish phase to the 210-220 zone by the end of October/first week of November. Inside wave 5 of (A). A bullish move to the upside to ~186 in the coming week...
Overview: let's review the key points of the previous update: Start of a bullish phase to ~380 by the end of October/early November. Island reversal gap is not going to be filled ever! Bullish pattern: one white soldier + one black crow + one white soldier. We are in wave c of (I) of c of 3. The 40W cycle trough on August 18th, now inside the second...
Overview: in the previous update I published on May 27th, I had SOXX close to the completion of wave (III) of c of 3 of (A) of 5. Update: our proposed structure/path has been followed nicely. Analysis of the structure: I think we are in wave 4 of (A) of 5 developing as a flat correction. Note that wave (IV) of c of 3 also developed as a flat correction,...
Overview: it's been weeks that we have been expecting the 40W cycle trough. A summary of the update of previous weekend is that: "we were in the last 5D cycle of the current 40W cycle. I am expecting the 40W trough to form early next week." Update: we missed the last minor push lower and the 40W cycle trough was formed on August 18th. This is the start of a...
Overview: we have been waiting for this 40W trough for weeks. I am not going through my previous updates and statements, just recapping the update of previous weekend: The bearish pressure of a 40W cycle trough is being felt completely. We will have the final push lower to bottom for wave b of 3. The volume increase of past few days = an aid in...
Overview: let's review the previous two updates on BTC: Feb. 4th: I had BTC needing a final push higher to the 25000 resistance zone to complete wave A of (1), then a pullback to the 20000 zone as wave B of (1), then the continuation of move higher as wave C of (1). April 7th: BTC has been following our proposed path perfectly. What I see at the moment is...
Overview: let's review our previous expectations: July 18th: NDQ is super close to the peak of wave 3 (15923.32 or 15980.27 as potential target). What comes next is wave 4 as a 40W cycle trough, expected on the first week of August. July 30th: I have 15172.98 as a potential target for the bottom of wave 4. I am expecting the upcoming 40W trough in the...
Overview: on the last update I had on NVDA (July 29th), I had the following expectations: NVDA has completed wave a of 5 and its already in wave b of 5. b of 5 developing as a flat correction and we are in wave (c) of b. I have 426.46 as my potential target for the bottom. The upcoming 40W cycle trough is already past due and I am expecting it on...
Overview: let's go over the previous expectations: July 22nd: AAPL is in wave 4 and its going to bottom on 12th of August at 185.32. July 28th: no change to my thesis for the current 40W cycle/wave 4 trough: I am expecting it at 185.32 in the middle of August. August 5th: I see wave 4 being complete at this point as a clear flat correction and the bottom...
Overview: the reason I repeat my previous statements at the beginning of each update is 1) to keep myself in a steady/normal decision-making mood, not changing the overall picture on one week of price action, and 2) to help people who are new to my updates to know what is going on. July 9th: I expect wave b to bottom (40 week trough) on the third week of...
Overview: In July 22nd, we had AAPL in wave 4 (a 40W cycle trough) and expected the bottom in the middle of August at 185.32. In the update of last weekend, I was tricked by the price action and identified wave 4 bottom being in. Update: looking into the cycles, I think on Friday we got a 20D cycle trough and now we are starting the second 20D cycle of the...
Overview: since July 9th, we have been expecting wave b of 3 (40 week cycle trough) on TSLA to happen on the third week of August around 230. In the update of Aug 5th, I added two points that I think the 40W trough is going to happen sooner (~16th of August) and the 80D cycle FLD price target is 231 for the upcoming trough (the trend underlying that wave is...
Overview: since July 9th, while we have been completing the subwaves of wave a of 3, we expected wave b of 3 (40 week cycle trough) on TSLA to happen on the third week of August around 230. In the update of July 29th and on the hourly chart, I had TSLA in wave (b) of b of 3 developing as a flat correction, then had wave (c) of b starting later in the week...
Overview: since July 22nd, I had AAPL in wave 4 (a 40W cycle trough) and expected it to bottom in the middle of August and my price target was 185.32. Also, I had wave 4 developing as a double zigzag. Update: AAPL's earning report made the rest of wave 4 to happen a bit faster than we expected. As a result and based on the FLD crosses/targets that we got, I...