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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Very bold call, Peter. I hope you are right because I have taken some short term puts at the end of the day on SPY, knowing that we were very near your price exit, but I thought that as you said there were real resistance so why not take a chance. But i did not know, you would be calling a top for this day tonight, so I am happily surprised to hear it.
All upside projections met in TSLA, correct?
On a minimal basis, yes, although the projection window calls for 292.68-310.11. And the downside projection basis the 20 wk offset, nominal 40 week projection remains in effect, calling for 79.56-153.92, or a dramatic decline of at least 46%. Statistics on that offset are not good, however, showing a success rate of only 60%.
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