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 Peter. Honestly, NinjaTrader is a much better platform. It allows development in C# rather than easy language and I know Steffen can do both because I think he also does programming for Larry Williams and Larry uses Ninja -- I think I have read somewhere Larry giving him kudos. I used to do development in NInja for version 7 but didn't continue with version 8 Tradestation is very buggy I think from a user perspective, I don't know how it is for development It would also give those folks an option to not have to keep their Tradestation account just to use with these charts since I would rather go with TastyWorks and just use Ninja for your charts. An interesting idea I hope :)
Peter (and anyone else that has decent data), we have been looking for a decline in the NYSE Adv/Dec chart line, as is typical ahead of a major top.... BUT, if I remember correctly didn't the 1973-1975 Bear Market start with the NYSE Adv/Decline line right at all time highs? I could not find the data but I remember seeing that "fact" in a comparison of "highs" years ago. If anybody knows the answer feel free to enlighten me ! --Henry (PS---speaking of 1973, does anybody remember the famous Barron's headline from that era?? ...the magazine polled a list of very well known professional investors and the subsequent headline was "Not a Bear Among Them" !! That was the very month of the top. Yikes. )
@Henry, I don't recall. But, I did a quick Google search and according to at least one chartist, the answer is no. "Before the 1973-1974 bear market, the A/D Line peaked four years ahead of the Dow.
"As long as the A/D line confirms the trend of key averages, all systems are go." {Source: https://www.moneyshow.com/articles/guru-22979/}
Sorry, Henry, not even close at the January 1973 top. The a-d line had been declining for over FOUR YEARS at that point!!!
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