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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Peter is dreaming again. First did not look at NDX to Dow ratio, which is going up. Euro had many failed projection. Important is to look at short term NDX. Magnificent 7 has created the bull run. Nvidia results out today and that can get NDX up. Please stop dreaming and look what market will do. No market crash has happened without a Bounce.
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A/D today is 2215/547 NDX up 600 points , Im sure its nothing. And it will just be a "little bit more" . NVDA expected move = 8%. Cant stay short when market drops to extreme oversold in correction market. oh well
Market is building a Top. Peter was looking short term, Now he back with his bad habit. Looking for downside which has not be given. all he can see is crash. Got to look at short term picture and not look at something well into the Future. That is where went wrong after October Bottom. Don't make the same mistake. Same mistake Silver Bulls are making looking for $100 when it's hasn't even taken out Hunt Brothers high.
look at NDX/Dow Ratio chart again and the Magnificent 7 as well
what will be the commentary tonight? cant wait. "not up that much" "going to reverse immediately, if not, going higher...." NVDA up 10% AI may not be a passing phase as pointed out.
Market popping again on the Nvidia blowout earnings. Looks like the 65-minute chart upside projection (21/24 offsets) to 4470 minimum could be hit tomorrow, then a pullback probably...then higher. My wave gurus are now confident the market will reach record highs by early next year. Edit: I should add, if 4470 is hit and holds to around noon tomorrow, the next longer offsets will give a projection to at least 4550ish.
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The projections showed higher
he didnt go over them
HE DOES not look at futures anymore
JUST looks at NDX.X 48
is that SPX cash? 4470 ty
It's playing out like 2021, NDX was Nov 2021 SPX,DOW top out on 4th Jan 2022. Dow is very weak but NDX is holding up better. I wish Peter would concentrate more on short term first then Long term Projection. NDX/DOW ratio looks similar to Jan 2022 top. Don't think New high is coming. Lets just see what new projections are. Hope no more, what if it does this and that. Market isn't going to go down in straight line and long term projection may take many months. Just look at BTC
More interested in a Crash. Remember what happen in October 2022. Everyone was looking for Crash
SPX cash, 4470.
The market seems to be following a 2-year cycle that projects a top around January 2024. This one should be the major top Peter is looking for. Perhaps that Nasdaq/Dow ratio will show a divergence then, along with other indicators.
Peter only shows what he wants to show. He’s got nothing. Sorry bears, it was a small correction to buy. Stop dreaming about 20% crash? Haven’t you guys learned by now?
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