Bitcoin (BTC)
Date: November 22nd, 2022
Thus far, our calculations have failed to produce any reasonable Time/Price targets for Bitcoin. This is not necessarily a surprise due to Bitcoin’s short trading history and excessive volatility.
Having said that, our TIMING variable for Bitcoin is yielding interesting results. It suggests Bitcoin will put in a major bottom at the end of 2023. Then stage what should be a significant rally into 2025. This is also consistent with our overall stock market forecast.
Shorter-term, it appears Bitcoin will soon stage a fairly good sized bounce into the middle of next year before falling into that final 2023 anticipated bottom.
It is likely we will be able to come up with reasonable Time/Price targets and better TIME turning points if we spend more time analyzing Bitcoin. And we will, as we get closer to that anticipated late 2023 bottom. It is at that bottom that serious money could be made. Particularly if Bitcoin repeats its last cyclical run as per our charts below.
Amazon (AMZN)
Date: October 18th, 2022
Anticipated moves for Amazon are more or less in line with expectations from the overall market. More so on the short-term basis as it can be interpreted that the bottom is already in as of June for Amazon or it can be interpreted the bottom will arrive shortly.
Our mathematical and timing work for Amazon (AMZN) suggests the following.
- One interpretation suggests Amazon bottomed on June 14th at around $101. The other interpretation suggests the stock will bottom this December 29th (+/- 5 trading days) at $82 (+/- $2)
- Once the bottom is in Amazon will run up to approximately $230 by the end of 2023.
Apple Inc (AAPL)
Date: October 11th, 2022
Our mathematical and timing work for Apple (AAPL) suggests the following…..
- AAPL should bottom around October 31st at $124 (+/- $2)
- Once the bottom is put in place, Apple stock should rally into April of 2023. Our calculations suggest Apple should reach $208 (+/- $2) by the end of April. I say should not in terms of PRICE, but in terms of TIME. If AAPL doesn’t reach this PRICE target by April, the TIME variable will extend and the stock will need more time to hit the same PRICE target.
Associated charts below represent this analysis. Please note, the analysis above is in line with what we anticipate from the overall stock market.
Crude Light Futures Analysis (CL)
Date: October 5th, 202
Our Crude Light (CL) Mathematical & Timing Analysis suggests the following…..
- Our work suggests we will see a major bottom in oil in late January of 2023. This composite TIME frame is supported by an important cluster arriving at the same time. This time variable can be extended a bit further if Price/Time don’t line up by late January of 2023. This might explain a better line up with 2020 low. We just have to see where we are once we get to January.
- Our calculations suggest the bottom will arrive at around $72 (+/- $3). If the CL breaks below $69, which is possible, it would shift to a lower set of targets located at around $64.
- Once the bottom is put in place, the market should rally into its next projected top scheduled to arrive in October of 2024. Price variable suggests a top at $150 (+/- $5) at that time.
Associated charts below represent the above analysis.