AAPL Weekly Harmonic Elliott Wave and Hurst's Cyclic Analysis

Review:

Let's review the key points of the previous update (Nov 21st):

• Completed wave (I) of a of 3.
  
• Expecting wave II, a shallow retracement.
  
• October 26th was the first 40W trough of the current 80W cycle.
  
• 40D cycle trough on November 27th.
  
• 80D cycle trough on the first week of January.
  
• 20W trough in the middle of March.
  
• 40W FLD target is 215.
  
• 40W trough expected in June-July 2024.
  

Update:

Analysis of the Structure:

What I am doing in this update is going back to the count of September 9th. I think we are in wave a of 5 of (A) of 3. Looking into the hourly chart, we are in wave (V) of a. My target for the peak of wave a is 202.01.



Analysis of the Cycles:

There is not much to add to the cyclic analysis of the previous update. We are in the second 40D cycle of the current 80D cycle. The 80D cycle trough is expected on January 4th 2024.