Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on March 11, 2022 with a closing price of...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on March 11, 2022 with a closing price of...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on March 2, 2022 with a closing price of...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on March 4, 2022 with a closing price of...
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on February 11, 2022 with a closing price of...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on February 15, 2022 with a closing price of...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on February 18, 2022 with a closing price of...
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on February 10, 2022 with a closing price of...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on February 18, 2022 with a closing price of...
Trying to gauge the current wave is a tad taxing. We know Supercycle 1 ended at the beginning of 2022. This is followed by Supercycle wave 2 which is composed of an ABC corrective wave. The question is are we in the early stages of wave C and about to end Supercycle 2, or are we in the middle of wave A with plenty of plummeting ahead? Historics would have...
The algos triggered a sell signal. Let's see. The RSI triggered buy on the same day as an MTF sell. We have already rode up and now it is time for the sell side to kick in.
I am short this week. Long for the following three. Short for the four after it. We should start strong on Monday and finally end Intermediate Wave 4 early. Right now the models point to a bottom by Friday, that bottom is projected for the 4160 mark. This would mark the final bottom for Primary wave A which has been the downtrend since the beginning of the year....
The market should finish Intermediate Wave 4 today, possibly in the morning before we head down again to Groundhog Day. My models have the most agreement around 4436 for the top so that is my conservative top for now. Wave 5 still needs to take us below Intermediate Wave 3's bottom of 4222.62. Earliest guess is a bottom south of 4100 and relatively quick. I will...
Here is the estimated wave A down, wave B up, and final wave C down.
This is an estimate of SuperCycle 3's end based on Cycle 1's makeup of the larger wave. While we may be correcting currently, it certainly will not last forever, and big gains appear likely in the future. I currently project SuperCycle 3 to end between 6475 & 7253.05 sometime between 2024 - 2027. I will continue to update this projection as more time passes.
This appears to be perfectly in line with an expected correction. Cycle 1 just end at the beginning of January, which was about 2 earlier than my initial estimates but that is why I call them estimates. Cycle 2 should bottom around early March. Historically speaking, the second Cycle wave retraces the length of its wave 1 by 10-23%. The largest retracement was...
The wave moved slower than planned, but this is great for the bulls. New target top is around December 2nd. Based on historical data when a wave 3 is in a wave 5 is in a wave 1 (which is where we are according to my current models) movement and length are as follows: WAVE 1 to WAVE 3 The ratio between wave 1 and wave 3's length falls between 0.21 to 0.60. The...
This is the plan based on the daily data tracking back to 1877 (my projected beginning of the Grand SuperCycle for you EW followers). Looking at a solid market top around the month of April 2022. I have charted the likely ups and downs to it. For now, looking at a near-term top around this Friday at noon which should begin a roughly 13-15 trading day drop of about...