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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May add you can leave the chart on the board for past years with trend lines and recent raising wedge with projection Then start update with data since last update with any new thoughts what has happened today going forward
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havent watched yet. Does he smile and laugh and giggle at the trendlines , after moving them, seem to converge up here? Any projection of that trendline price point ( moving up and to the right) will be in 6 months 14 months 3 years? talk about anchoring oneself to a point- from Oct 2022- in reality he was BEARISH all of the 2021 28 % gain. I dont know any other person so bearish for last 4 years fundamentally, technically. It is either ego- " i will be the ONE who is right" or just fighting the up trend for 4 years is damaging to ones mental, financial and spiritual health. Really shocking how Peter has continued on this path. Prob chimes in with Hussman- almost always a bear from 2017 prbably and Prechter- almost always seeing the top of Gold, Bitcoin, Stocks for years and years. The bears scare the crap out of everyone and sound so intelligent with " over valuation" 34, 108,305,11,356 trading day cycles that NO ONE KNOWS about except them!!. even if market fell 5% here, we would be back to ?? june levels? still some 70% above where Peter had market collapsing. While not a non-zero chance, the chance of some cataclysmic event taking market down 60-70-80% is a pipe dream. We have just had 2 wars, we attacked Iran, had a tariff meltdown and we are UP. Maybe Peter is right, end of world, end of days just around corner. Worst investing strategy idea ever, in the history of the world.
Congratulations ! SPX 6413. NDX 23,400. Do you have anything to say about all the record high closes? Are you bullish yet ? Who ever said “ new highs are bearish?” No one I know of. Are you pushing the VIX long thesis still ?
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