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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Takeaways from todays video: what happened to the "447 day turn point " that signaled potential top/turn down - well i guess it was 24 trading days ago- since now the cycle is 477. Also, like you pointed out the other day when after a 9% rally in SPX you had a high level projection that went up another .7% and we hit it- and your point was to "show confidence in system". Well, after rewatching probably the last 30--35 videos, what would show confidence in system is to go over where it or you went astray. From NVDA "breakdown"( to a staggering 25% rally almost immediately) to every index rallying 9-11% from lows. You repeatedly called for major moves lower. What will either give more credence to what you say or what facts might change your view? Please dont say "if we go to all time high, then its a different ball game". Having no skin in the game,as they say, you dont have any reason to alter your view, it seems. Personally , early in year i cut back exposure to stocks on the "bear evidence growling and growing" . And waiting for the "cascading, waterfalling, avalanche" to buy back in, i think i have missed 78% of the rally on what i cut back on. Maybe having situational awareness would serve the subscribers well. And you contradicted yourself regarding the GREED?FEAR index; "dont want to be bearish when there is extreme fear". Correct! But how were you viewing market in October ? Turning bullish? Or ever more bearish?
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@@@@@@@@@ LISTENERS
The statements made by Elides are inaccurate
Nasdaq has MUCH higher projections currently How? Easy peasy 2 things to look at
a) WEEKLY b) Monthly
Lets take a look
/NQ QQQ $NDX.X WHATEVER DUE Diligence
weekly 16500 on the 20/20.1
10/10 will confirm today
MONTH WOW LOOK AT IT Imagine the new projection
If you listen to PERMA BEARS like fast and that other schmuck whats his numbers and name 033300744 blah blah
these guys dont listen to
MARTY ZWEIG 100% RULES OF THE GAME
they are just DEMOCRAK RATS LOL
BEARS this day 37 years ago Regan met with Reykjavik Summit in Iceland and Iceland is having a volcano therefore THIS IS A TOP LMAO BEAR SOUP BEAR BROTH BEAR SNACKS
Peter has no skin in the game. All he wants to prove is that 4 year cycle. Daily up and down. is not covered in Daily Videos. What is the reason for having daily? 30/65 Min Globex chart is must. Long term projection if they are given. If not given then, There is no point in doing the updates.
there could be a link!!! you cant be certain :/
LMAO NVDA TUESDAY / WEDNESDAY will be fun - everyone is ready to position bearish watch the guy say AI 100 times and NVDA POP to 600 llllloooolllooollll
MEANWHILE back at the ranch what is NDX/DIA doing YAWN !!!!!!!!!!!!!
I went short the NQ right before close
I think Open AI having all the drama could at least get us a pullback with MSFT pulling back
On the weekly charts we are just above the summer closing highs which would be a double top if it closes lower by the end of next week.
Also if we can gap down it would be an island reversal so it all added up to taking a chance.
IMPORTANT Massage for PETER
PETER should look at SMH Semiconductor ETF. It has taken out 2022 High. Is it a fakeout or real
Most likely he will stick with his own script not look at any Breakout. Looks like it will take time to play out any bearish bets
https://stockcharts.com/h-sc/ui?s=SMH&p=D&yr=4&mn=0&dy=0&i
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