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 for spending time on the Steve Puetz stuff Peter. Exciting times this week.
Thank you Peter for clarifying the SPY 24/27 confirmed projection. Important clarification of the context.
Peter I am now out of play money so now what Should I take profits in long stock positions
any day now...
On Peter's web app there are higher projections on the 24.2/27.6 offset for the IWM & ES & also lower projections on the VIX volatility index. Could anyone PLEASE explain to me why this is not considered bullish, and how the web app differs from the software??
First the 24.2/27.6 offset target around 4150 to sucker people in and then we start the drop into 2023?
It's worth taking a look on Zero Hedge today, particularly the post titled "Strange Things are Afoot i nthe Vol World' --- VIX's NASDAQ Cousin Sends an Ominous Signal" [Tuesday, November 8, 2022 10:21 a.m.] Here is one quote: "On top of that, there has been some unusual price action in the VXN in recent days. There has been a cluster of lightning-fast intra-day falls, with an equally sharp rebound straight after. These types of moves are very rare, and they have never been this big, with the low hitting only 20% of the close. This is potentially worrisome. Previous occasions where we have seen similar price action have often marked corrections in the Nasdaq."
The eclipse on 10/25 was a solar eclipse, but concur that a crash seems unlikely here.
Any basis for your belief? Peter has decades of experience here...
Not all solar eclipses followed by lunar eclipses have led to crashes, very few actually have. Not sure how much you have researched this? See this link for more info on this: https://www.priceactionlab.com/Blog/2020/01/puetz-window/
Last updated
Define crash
Hello Peter, since you mentioned that if we go up or sideways new short term upside projections will be generated. Can you please kindly review these in tonight’s video
Personally I think that we should wait until Friday close before thinking about upside projections. Thursday will have huge volatility, and may well launch us into any current upside projections but equally so I expect a major sell-off later on Thursday and even Friday. High volatility this week will make it difficult to put any faith in current short term projections. Again, just my opinion, interested to hear Peters upcoming updates though.
Personally I think that we should wait until Friday close before thinking about upside projections. Thursday will have huge volatility, and may well launch us into any current upside projections but equally so I expect a major sell-off later on Thursday and even Friday. High volatility this week will make it difficult to put any faith in current short term projections. Again, just my opinion, interested to hear Peters upcoming updates though.
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