To The Moon

KEY POINTSWhile acknowledging that progress has been made, the central bank leader said inflation is still above where policymakers feel comfortable.The speech resembled remarks Powell made last year at Jackson Hole, during which he warned that “some pain” was likely as the Fed continues its efforts to pull runaway inflation back down to its 2% goal.Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.While acknowledging that progress has been made, the central bank leader said inflation is still above where policymakers feel comfortable. He noted that the Fed will remain flexible as it contemplates further moves, but gave little indication that it’s ready to start easing

Apple (AAPL) 3 Waves Corrective Rally in Progress August 24, 2023 By EWFHendra Short Term Elliott Wave view in Apple (AAPL) suggests the decline from 7.20.2023 high ended at 171.74 as wave a. The internal subdivision of wave a unfolded as a 5 waves impulse. Wave b corrective rally is now in progress as a zigzag Elliott Wave structure. Up from wave a, wave 1 ended at 173.35 and wave 2 ended at 172.43. Wave 3 higher ended at 175.49, pullback in wave 4 ended at 174.35. Wave 5 ended at 175.57 which completed wave (1) in higher degree. Pullback in wave (2) ended at 173.74. The stock then resumed higher in wave (3). Up from wave (2), wave 1 ended at 178.43 and dips in wave 2 ended at 177.31. The stock resumed higher in wave 3 towards 181.33, pullback in wave 4 ended at 180.63. Last leg wave 5 en

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