Thanks for the shorter term update!!!! Looks like like your taking advise from your subscribers. We don't get those on the web app which would be very helpful. Most of us are short term traders looking to catch a trend, "I would assume". Most long term projections and opinions are not accurate no matter what method is used. No one can acctually see the future were just looking for high probability trades.

Thanks Peter! Defiantly should get a pullback here but we will have to see what type

Biden just called XI a dictator again. XI must not of had any interest in buying treasuries.

So I think we can put all of that to rest

I believe there is one more confirmed upside projection that has not yet been met -- @NQ E-mini Future - Weekly 20 /20.1 to 16,294 to 16773 -- and therefore remains outstanding, that you did not cover in your update. This is visible in the Web App, as of last Friday.

You're right, you don't understand Elliott, which is OK, at best it's an 'abc' down for A and then an expanded flat for wave X, and now we have another ABC down. Very possible here and me thinks likely. Been away for a few months and back to the forum (I'm the guy who pinpointed August 1, which was the Dow high). Other work suggests we will NOT take out the Nasdaq 100 high in July which we almost breached yesterday. May have seen the high yesterday as the S&P and other indexes, a clean AB, 12345 C from the October 2022 lows. Moreover, the 503.29 point S&P decline was retraced by 417.39 points in the past 3 weeks. 503.29 divided by 417.39 is 1.2058027, which, belive it or not is Fibonacci related and it hit exactly, which also implies we are done to the upside.

kwmurphy2939 said:

You're right, you don't understand Elliott, which is OK, at best it's an 'abc' down for A and then an expanded flat for wave X, and now we have another ABC down. Very possible here and me thinks likely. Been away for a few months and back to the forum (I'm the guy who pinpointed August 1, which was the Dow high). Other work suggests we will NOT take out the Nasdaq 100 high in July which we almost breached yesterday. May have seen the high yesterday as the S&P and other indexes, a clean AB, 12345 C from the October 2022 lows. Moreover, the 503.29 point S&P decline was retraced by 417.39 points in the past 3 weeks. 503.29 divided by 417.39 is 1.2058027, which, belive it or not is Fibonacci related and it hit exactly, which also implies we are done to the upside.

KW awesome to see you back. Thanks for the info. I was wondering were you went.

CS37 said:

I believe there is one more confirmed upside projection that has not yet been met -- @NQ E-mini Future - Weekly 20 /20.1 to 16,294 to 16773 -- and therefore remains outstanding, that you did not cover in your update. This is visible in the Web App, as of last Friday.

Defiantly something to keep on the radar. I have it were we will wind up in this Santa rally for the NQ if it does continue. But we most likely need a loop of projections on the daily's to get up there

Wait, did you say at the 4;00 mark that " cant wave the cautionary flag yet"? Am I mistaken that that is basically the only message you have given on major indices throughout the past 13 months? Also,since you look at alot of patterns and scenarios , is there any pattern into Thanksgiving week? And end of the year?

Last updated 2 weeks ago

Thanks Peter. Looks like your analysis of oil a few weeks ago is working out. I only have USO on the app so I would be grateful if you could revisit your success with oil and do an update at the weekend especially since the main markets are rather contradictory. This has been very helpful in managing my risk on oil stocks.!

m1.c70 said:

Thanks Peter. Looks like your analysis of oil a few weeks ago is working out. I only have USO on the app so I would be grateful if you could revisit your success with oil and do an update at the weekend especially since the main markets are rather contradictory. This has been very helpful in managing my risk on oil stocks.!

Things to Look for Deflation Bond CRB Index DXY for bottom

Can you please look at them