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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Looks like we have a shot of that level from the 189 on the SPX at 4776 being the top we talked about last week and month. I don't know if we should use log on it but it got into the projection on the log also just not to the very top. It was the highest projection from the October 22 low.
VIX has a nice breakout. We do have a gap below from yesterday I just noticed.
Also a nice dollar breakout so it seems the set up is there for pullback. See where it goes
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IWM went up 26% from end of Nov to late Dec high. It is now down approx 8%. Pretty normal almost .382% pullback wouldnt you say?
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