AAPL Harmonic Elliott Wave and Hurst's Cyclic Analysis

Review:

Let's review the key points of the previous update (Feb 24th):

• Wave b of W of (B) completed as a triangle.
  
• Started wave c of W.
  
• 3 weeks of extreme bearishness ahead going into a 20W trough.
  
• 80D cycle FLD has generated a downside target of 168.94 to 170.84 for the upcoming trough in March.
  
• Trough expected March 8th to 23rd.
  

Update:

We got the bearishness with a level of intensity that was expected. AAPL bottomed on March 7th at 168.49.

Analysis of the Structure:

We have started wave X of (B) and I think the price action of AAPL is going to be very ugly and slow-moving in the next 1-2 month. It seems wave X is developing as a double zigzag.

Analysis of the Cycles:

On March 7th, we formed a 20W cycle trough. The next major trough is an 18M cycle trough in early July.

Some important dates to remember:

1. 40D cycle trough: 9-10 April.
2. 80D cycle trough: 14th May.