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. Jim Rickards believes because of the BRICS meeting tomorrow, it might kick something off probably to the downside. Let's see what happens.
Market crash material on its way, Possible Masking to begin in mid September and full lockdowns in December Peter will finally be right
If we start to waterfall in 3 of 3 it will be because of the sinking UST market. Also the put call sunk today. Futures are down and waiting for the DAX and Japan to start down in 3 of 3. BBQ bull sandwiches for lunch tomorrow? Peter says a "one day wonder" it is setting up that way,let's see. Peter thanks
Do any of you CRASH MONGERS know anything about looking at things that matter?
A) THE FUTURES /ES /NQ show higher 1-3 PROJECTIONS B) THE VIX SHOWS LOWER PROJECTIONS C) WHEN THE $NYMO GETS SO BEAT DOWN YOU DONT STAY SHORT D) LOOK AT $NAA50R YOU DONT STAY SHORT
HOW MANY DAYS IS IT 83005 FROM 1935 WHEN POPEYE HAD A HAMBURGER WITH SPINACH ON THE SIDE THATS WHY THE MARKET WILL DO THIS
GIVE ME A BREAK
FAST3777 .. NAH... I SEE 4444 I LIKE NINA FROM PASADENA .. EVER HEARD OF THE 4 GAME ?
Jim Rickards is a waste of space like Peter Schiff. BRICS have problems with their currency. They will not back with Gold 4 sure
You can go all the way to 4600 into the sept 10th and not invalidate this little downside .. and then invalidate it
WE GO HIGHER
Love You Peter BUT— How many times do I have to ask you to make the extra effort of clicking on projection window to give subscribers who don’t have the software the Targets up or down❓ SPX 😅 ~Dorothy
The 65-minute chart, at the close yesterday, 10.5/12 offsets, has a projection up to at least 4428.76. Also, as XXS said, the NYMO is super oversold and has just given a rare "trifecta" of buy signals to confirm at least a short-term (a few weeks?) bottom: https://stockcharts.com/h-sc/ui?s=%24NYAD&p=D&yr=1&mn=0&dy=0&id=p32152966307&a=269536931&r=1450045167343&cmd=print The bears are licking their chops, a perfect setup for another bear trap.
A right shoulder is a possibility and Sven Henrich shows that in his weekend video: https://twitter.com/NorthmanTrader/status/1693296976001892640
But more compelling to me is that 4-year pattern of extreme NYMO lows in August of pre-election years (watch Sven's video!) followed by new highs by January of the following year. That's my guess, new highs in most index's by January/February 2024, and that will finally be the very tippy top of the bull market since 2009. After that the Fourth Turning "Millennial Crisis" will really take over and down we go into the early 2030s.
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They those large players have started selling the Banks, GS,JPM,ect JPM appears to be in a 3rd wave down. They know what's coming. Redux of 2007 and 1987 it's going to happen.
Nearing the point of no return here. Dow 34200 which I give some room. To much Murphy's law here, UST,BRICS,USD, Budget crisis,Covid,and Biden...a cauldron mixed in market hadees.
Yesterday could have been 1 day wonder. could be a consolidation before another Leg down. Did You see how much they pumped up NVIDIA?
Peter you need to check NDX/Dow ratio. It's going up. Timing maybe wrong with dates. Please check again and is there any more upside left in NDX? Nvidia as well
https://stockcharts.com/c-sc/sc?s=%24NDX%3A%24INDU&p=D&b=5&g=0&i=t0152961406c&r=1692724602211
To all those bulls....a few days ago I posted about this decline had overlapped the prior up wave. Regarding Elliott rules that Killed your new high possibility. The Market is Morta....and the Spiral calendar is in play to boot. Which means new lows are coming. Have fun losing money in a cycle bear market. All world markets are headed lower.
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BTw bring up FRBK....just a sign of what's to come.
BKNG is in a small ending DT and Japan and BTC look to be breaking down. If so we will be in the start of 3 of 3 the strongest elliott wave down. Just my opinion....lets see what happens.
Dumping the banks as I write this.
Macy's get's a haircut and the rating agencies do the same to the Banks...the writing is on the wall. I'll be waiting for Peter and if any new downside projections have been generated. Thanks Peter,exciting times.
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