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.

US Indices: The Edge of a Ledge

Edge of a Ledge The large drop I’ve been expecting hasn’t yet materialized, but it’s sitting in the wings, and we may see a resolution as early as Monday. This is a minor turn for the US indices — the more important turn will be at the bottom of this unfolding C wave — the… Read More

Last Train to Fearsville

All Aboard! Take the last train to Clarksville And I’ll meet you at the station You can be here by four thirty Cause I made your reservation Don’t be slow Oh, no, no, no … The Monkees were a phenomenon in the late 1960s with their sanitized pop music. “Last Train to Clarksville” was one… Read More

Elliott Wave: Fake-Out Fourths

Fourth Waves and Combinations I’m not a big fan of fourth waves. In fact, I intensely dislike them. There are a number of reasons for this: Relative to the trajectory of other waves, fourth waves go sideways for an extended period of time Because they’re the last wave before a trend reversal, there is reduced… Read More

The US Market Momma Speaks

Big Momma: The New York Stock Exchange I’ve mentioned before that whenever I have a question as to what’s going on with any of the US indices, I pay a visit to the chart of the NYSE, which always gives me the real story, without the animal spirits of traders. This time is no exception. In… Read More

US Indices: Running on Fumes

We’re Weeks from the Top The balance of the C wave that we’re expecting some time this week will finish off the large fourth wave in ES/SPX that has slowly been tracing out its subwaves since January 29, 2018. This fourth wave is so large, it eclipses any of the earlier waves in terms of… Read More

The Market: It Ain’t Over ’til It’s Over

Yogi Berra Lawrence Peter “Yogi” Berra (May 12, 1925 – September 22, 2015) was an American baseball player, manager and member of Major League Baseball’s Hall of Fame, noted for his bad-ball hitting, his ability to perform in the clutch, and his peculiar, humorous-sounding statements. Most people have heard at least some of these statements… Read More

Danger Under the Hood

Fear Lurks Beneath the Surface The good news is that the B wave in the SP500 is just about done. This fourth wave down late in the week foreshadows a big drop to come. The waves up in ES/SPX are corrective and showing rather dramatic signs of coming to an end. The wave structure of… Read More

Tick Tock: A Top is Near

The Clock is Ticking We’re a little closer to a top in the US indices — in time and wave structure, not in distance. That’s because, the SP500 closed on Friday at the exact same level we were at a month ago. In other words, we haven’t made much progress in a month. This is not… Read More

Coming to Terms with “The Dip”

The Dip — A Game-Changer for Me “What really sets superstars apart from everyone else is the ability to escape dead ends quickly while staying focused and motivated when it really counts.” — Seth Godin “Winners quit fast, quit often, and quit without guilt—until they commit to beating the right Dip for the right reasons… Read More

One Market: An International Parade

The Parade Grows Larger and Larger The picture at left depicts a St. Patrick’s Day Parade in New York City. Somewhat appropriate to what I’m seeing in the markets. All the Same Market: I’ve been mentioning for months now that the entire market is moving as one entity, the “all the same market” scenario, a phrase that Robert Prechter coined… Read More