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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Hope you get to feeling better. I just started getting sick tonight also.
Peter do you ever look at the continuum on the webchart to guide you. I'm looking at longer weekly projections tonight and it looks to me that we have to absolutely start falling fast by the beginning of January or all those lower projections won't mean much.
Looking at the form of the continuum this is the time period when things should go down by the way the continuum moves down into June 2024. We need some speed on the downside or the bear case is done. I guess this makes sense since we have hit all the upper projections from the October 22 low when this leg up started. The 39/40 and 100/110 weekly projections look like the continuum is at the usual or similar spot when things turn.
Also we just missed the 10 weekly on the SPX by a point today.
What I feel is we are at the turn or the bear case is over. Nothing earth shattering with that but the continuum looks to me like it should be pretty sharp on the downside if it goes that way.
Looking at the 39/40 on the SPX and the structure of the continuum it looks like we could be back under 4000 by April.
Hope you feel better Peter
IMHO Just wait until Jan 4th Jan 5th for the real top
CHECK OUT 96.8 @NQ WEEKLY .. LOOK AT PRELIMINARY 20,000 OH YEAH
LOOK AT BTC.. THAT IS A LEADER RIGHT NOW
ESPECIALLY /BTC
LOOK AT 3-4 /BTC THEN 7-8 /BTC () IF 3-4 WHICH HAS FANTASTIC % OF HITS ()
I SEE DEAD PEOPLE..
Oh wait that was a movie .. I see / BTC 48101 .. hehehehee
RIDETHEWAVE
OIL
BITCOIN
KEEPYOUREYESOPENAND
DONTPICKTOPSEVERYDAY
Feel better Peter!
SPX got into the very top of the range at 4776 on the 189/194 daily from the October 22 low
Looks like the 189/194 held the key see if we can get a nice reversal from here
Stock market definitely feeling "heavier". Watching along with you!
One thing to note, though. Volume is drying up because of traders taking off for the holidays. This tends to make markets "float" upwards. Just keep that in-mind.
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Brian: Nice call. First tradeable downside move in weeks!
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