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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Can you please shrink the selfie cam and move to the lower left of the screen?
There's nothing wrong with having a bearish bias now, it's the way to go given the TRIN readings as well as the given the 50-d and 200-d EMA, not to speak of recent tech giants' results and their trimming of Dec quarter forecasts. The challenge is more from a trading perspective and the need to see a sustained downward move. For all we know, the next leg down may have already started yesterday and if not, will likely begin after mid-term elections and the lunar eclipse.
Sir, it would be great to take one look at your projections for EURUSD and USDJPY, the two most traded currency pairs. I know one could argue that especially EURUSD is a mirror image of Dollar index, so it has hit a major bottom (just like DXY hit a major top). That said, if we could generate some medium term upside projections for EURUSD, that would be great to work with.
I have tried almost every position for the webcam, ryguy, and find the current one to be the best. I'm usually very careful about not blocking pertinent parts of the chart and I have it blocked off as I record. I did notice some discrepancies tonight that I should have been more careful with. I apologize if it frustrated you and I will be more careful in the future. Thanks for calling it to my attention!
Thanks Peter. I agree 100% that you have to look at the weight of the evidence when there are conflicting signals. That is why I value you immense experience in interpreting your models. We should find out shortly what the outcome is.
How can one discern and utilize bearish TRIN data, 40 day or 57 day cycles,major downside projections confirmed and low percentage of upside resolutions (overall very bearish stance on market) from Oct 18th through Nov 2nd? Yet market has advanced some 8-10% ? Very hard to be bearish, lose 8% and then still be equally bearish and "hope" for 10-25% collapse.
only the DOW had a strong October (and only a few DOW stocks drove that), NDX got hammered with only very small net gains in Oct. So not all "the market" had a strong up Oct. .... but I understand your comment
The projections show us the way again. Peter's analysis of the projections was spot on.
Great Work Peter in a very tough market look forward to your video tonight
Peter---You are the best !!! Wrote you a long comment under the question section..But, Thank You for "sticking to your beliefs, interpretation and intuition.. When the market is thumbing its nose at you, just tell it to back off.. Please take a Rest whenever you feel like you should...Your intuition in that area is never wrong either.. Blessings For You Well Done !
steve
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