Peter Eliades’ name has been associated with stock market cycles since at least 1974 when his cycles predicted the exact low week of December 9-13, 1974. In 2020, after decades of painstaking progress, Peter released the first fully implemented cycle price projection software, Eliades Cycle Price Projections. Through this website you will access the opportunity to be exposed to this software and his accompanying market commentary.
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A stat just posted on cnbc: 1 out of 5 trading days in 2024 have traded at NEW ALL TIME HIGH in SPX. Now, I'm sure someone else can verify but other day it was at least 43 days that recorded new highs this year(as of the other day). So, it does fit an uptrend to say the least. Staggering. Congratulations
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time to make a call or this put thing ?
I would still use weakness/selloffs on 1st 1/2 of Oct to buy some of your fav names. I think, usually, the market goes up through Nov/Dec/Jan Im sure we will have some election uncertainty, more unrest in parts of world. The market wont top until april/may 2025. And unfortunately or fortunately, Peter will be short and calling the top and that upper trendline channel will be 5770 5811 5870. 5900. If it goes up 1.2 points a day, tell me where it will be in 150 more days?? He has sat bearish for a 44% gain in 2 years that is just the spx. we all know the good stocks are up 100's of %. Staggering lost opportunity or worse, disastrous loss of capital listening to over valued, bear growling , you tube updates...all from end of 2023 thru Jan 2024. No change in view to this day
The trendline on the SPX is getting blown out, so what do we do? Point to a trendline on another chart, of course! And when that trendline gets blown out, maybe we'll point to another! Or perhaps by that point we'll by at SPX 6000 and we'll just say, "Oh well, I guess the projections were right all along - good thing we follow the projections! Time for a victory lap!" At this point, it's gaslighting.
Valid point, he doesn’t seem to care that much
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