World Cycles Institute

Market Forecast Overview

Posts reflect the most recent forecast using a combination of cycles forecasting and the Elliott Wave Principle. Posted each Sunday (and sometimes more often).

All trades, patterns, charts, systems, etc., discussed in these articles are for illustrative and educational purposes only and not to be construed as specific advisory recommendations.

Futures, forex, equities, and option trading involves substantial risk, and may not be suitable for everyone. You can lose everything! Trading should only be done with true risk capital. Past performance either actual or hypothetical is not necessarily indicative of future performance.

Unexpected Turbulence Dead Ahead

The “unexpected turbulence” I’m referring to in the title is only unexpected to the trading herd and the bulls. Anyone reading my blog posts lately knows I’m expected a rather turbulent end to this large B wave to the upside. It’s seemingly never-ending but I think that’s just to add to the overall market complacency… Read More

Still Counting on a Flat

My poor shoe that I’m expecting to drop (based on last week’s post here) is getting a little worn. But I’m still holding onto it! Yes, I’m one of those guys that likes to wander around the house in comfortable old clothes that sometimes have holes in them! This week, we got what looked like… Read More

Waiting for the Other Shoe to Drop

Last week, I stated my preference for a regular flat as the second downside pattern in this large fourth wave. There was an alternative of another pattern, such as a zigzag down to a new low, but it was less probable. Although it took all week, we got a first wave down in 5 waves… Read More

Locking in the Combination (or not)

My theme for last weekend had to do with the options that were available to complete this fourth wave. That hasn’t changed. In fact, the options have become more complicated. We could either be tracing out a single large flat pattern, or we could be getting ready to trace out the second pattern of a… Read More

Options at the Top

The Spiked Top in the US Indices All major markets are continuing as one. We’re at a top but the process of changing trend doesn’t happen overnight. The spiked top is the example—tops like this usually don’t last. Trends don’t “change on a dime.” The waves down are corrective—they don’t look motive. Some reasons why… Read More

The Big Top Fake-Out

All The Same Market All major markets are continuing as one. It’s not a coincidence that you may have noticed downturns in just about everything this past week; it’s because everything is setting up for a final wave and final turn into a major bear market at the end of it. So the thing to… Read More

On Deck: Confirmation of a Top

A Change of Trend It’s still early to call a top, based upon Elliott Wave methodology. However, here are some facts regarding Friday’s action: at 665 points, the DOW had the largest decline since Dec. 1, 2008 more than eight times as many stocks on the NYSE closed down than closed up every single one… Read More

Way Too Much Bull!

Way Too Much Bull! To be successful in trading, one of your hats has to be a “Contrarian Hat.” When everyone else (the herd) is in a trade and positive it’s going to continue, it’s time for you to look for a trend change. When the movement of an asset (eg – the US Dollar)… Read More

The Daily Vigil: Focus on the US Dollar

Looking for the Trigger Look no further than the US Dollar. I’ve been maintaining for the last couple of years that once the US Dollar found its low (it’s in a large fourth wave—a corrective wave), that it would mark the top of the US market. As per my graphic above, it seems like this… Read More

A Full Count

Overview of Where We Are I’ve spent a lot of time thinking about all the assets I cover and how they’re all moving to a synchronized turn. Here are my thoughts. Last week, it looked like currency pairs were going to turn early. They seemed to be topping with everything else. In other words, it… Read More