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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the market finally hit my reversal pivot, actually twice right at 4589ish for a double top. In my opinion which isn't worth much I think we tank big time from here. I have a huge short position on. Good luck everyone and lets ride the projections downward!!!!
Yep, futures are looking dismal. Good luck to you as well.
Could this be the beginning of a rally from a 258 day low instead of a top? Your reliance on a rising wedge as bearish is a sign of that. A rising wedge at the beginning of a move is bullish. It is a diagonal triangle at the end of moves that is a reversal. The second refuge of bears is non-confirmations like a/d line and Dow Theory. When the Dow broke above 1200 to go straight to 2000 even Granville did not see it. I'll apply all the caveats Peter uses for my position.
Hi Peter,
Under your 10/25 video I posted a comment but unfortunately I didn’t get any response from you… I mentioned that I discovered that the longest projection of NYA (NYSE composite) has a MUCH HIGHER projection at 18920-19467 (equivalent of 5000-5100 in SPX percentage wise from here). I would appreciate it if you address that in your weekend video update so your subscribers (as investors) know if this market has a leg potentially to much higher prices or not. Thank you
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the more the Fed messes with the market the harder it is to read.
Nope.. just green giant dildos all day every day as usual .. been like that for years .. BTMFD
yea, same old, but did gap down at the open and hopefully Spytrader took some nice profits.
I dont think he is talking about the first 90 mins. Look lets be serious here = we all like the projections right? so why did we not like the QQQ 24.2/27.6 which was given back at 15300. ( @NQ ). Now this has a 100% hit rate. When did we hear about it? Yesterday. I didnt hear about it yesterday .. I saw it way before. But the thing is this. This is a PROGRAM.. IT HAS NO HUMAN FEELINGS. Peter has feelings. And he said before he likes to BUY when the projection is hit, not buy when it is not hit. So, in theory if you look at the 24.2/27.6 it was reached a nice low at 14691 and would have been a great place to buy. That was 1300 points ago. But he just kept saying bear bear bear bear no no no dont trust the rally. I can say the same thing for the $DIA I can say the same thing for the $/ES The issue I also have lately is he talks about these wedges and pivot points and tops like on the dow a few days ago he said we hit the top of the channel - and then what?
RADIO SILENCE.. we moved up several hundred points since then and he has not said WELL THAT WAS WRONG ITS A BUY.. he has failed to mention 24.2/27.6 DIA 48.4/55.3 DIA Sure we can have some violent swings but there are a lot of signs now pointing that the NOV DEC time THE MOST BULLISH time will be what it is.
Check out this great elliot wave vid
https://www.youtube.com/watch?v=eNUEJkNfU1E
and HERE IS peter's Friend LARRY WILLIAMS - Peter and him go way back. And Larry knows his SHIITE he says BUY !
https://www.youtube.com/watch?v=YDsShoFf2GI&t=282s
Take a break and watch those 2 and see if you think that based on the COMPUTER PROJECTION that we signed up for and then these other MASTERS that do other ways to gauge a market, if we stop at 3600.
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