Market Cycle And Peak Projecting Part 2 (1994-2014)
Market peak setting (wave 5) in the cycles started 1994 and 2003 was pretty accurate. For the 1994 bull market the target was 1554.28, while the actual peak was at 1535. For the 2003 bull market the target was set to be 1561.96 while the actual was 1559.
The current bull market is of most interest. The target of wave 5 was set to be 1679. However it was broken upwards. Now we are in 5+extension wave. According to more detailed analysis there is high probability that we've already seen the peak. See here why: tradingview.com/v/UUgvB2Qg/
Best
CH
The current bull market is of most interest. The target of wave 5 was set to be 1679. However it was broken upwards. Now we are in 5+extension wave. According to more detailed analysis there is high probability that we've already seen the peak. See here why: tradingview.com/v/UUgvB2Qg/
Best
CH
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.