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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Thanks Peter! Closing below the 200 MA on the NDX is exciting for sure. There is a gap fill at 14800 and the weekly 50 EMA is around 14664 as well. Maybe we will see a move down tomorrow and then a move back to the upside for a dead cat bounce. Looks like there is enough room to the offsets above to trick folks that this move down is over without invalidating the downside projections. Then we will see your lower projections fulfilled.
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