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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My .02. Market is still choppy. Also just had another medium rally from Fri low to yest close . Lots of econ data this week on top of Peter being short term actually bullish. All adds up to 70% prob of down day. Wednesday maybe we rally back
You can feel the walls closing in on this market.
Bullish seasonality and month end should keep it up though and it feels like it is
MTD AVWAP on ES 4467, NQ 15173 wouldn't be surprised if we just chop into month end here
Jobs report could be a mover on Friday though even going into the long weekend
Just hit the the 7/8 on the NQ
Went ahead and took a short on the NQ at 15240 tight stop right above.
Welp stopped right out
Forgot to mention we need to close the gap on the VIX at 14.27 just looked we are getting close
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MA Mastercard made another ATH and is at the top trend line of it's multi year diagonal triangle. Completing? It's top for many years.
There is 4480 next up 4532 just sit and watch bears and eat hotdogs on Labor Day
Traders are buying the VIX
Going short here. Bonds,BTC,SPX are ripe. Can the SPX hit .618
VXX LOWER PROJECTIONS
Small Crappers looks like they will ramp the next 3 days
SMALLHANDS
VXX UVXY VIX
DEAD Fools volatility ..
Some times you have to have BIG B*LLS . This next wave down...the big banks will be long volatility....they aren't stupid.
you BEARS might like this.. its coming up after this ramp
https://www.pivotalpivots.com/single-post/2023-bradley-model-siderograph
Ever heard of it?
its also after the FULL MOON OOOOOOO SCARY !!!
/NQ 24.2 it wants that continuum ... see above ? it wants to go up there
The SPX has had it's hands full with the 50 DMA...exhaustion?
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