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.

Top Close at Hand

Ending Diagonals We’re very close to the end of this extremely frustrating “B wave.” Last week, I predicted a final wave up was in the works and this weekend, it continues. We have ending diagonals of one kind or another finishing up as the final pattern before what will be a dramatic turn down to… Read more

Ending Patterns

They’re Everywhere! LIke lemmings, which multiply every three and a half years and end up eating themselves out of “house and home,” ending up drowing in the ocean as they search for more food, ending patterns are terminal. They end and the trend reverses. In the case of ending diagonals, it’s a dramatic reversal. That’s just… Read more

The Last Waltz

The End of a B Wave Era The Last Waltz was a concert held on November,1976 in San Francisco that resulted in a movie by the same name, produced by Martin Scorsese, released in 1978. It was the Band’s final concert and marked the end of an era – the Golden Age of music of… Read more

High Degree Counts

Reconciling the Larger Count Over the past week (and particularly this weekend), I’ve spent several long hours going through big picture counts on the major exchanges and sub-indices. I’m going to share my thoughts in a video (below), which looks at the final 5th wave of the NYSE, SP500, and NDX to see how they… Read more

Science and 500 Year Cycle Tops

Galileo: The Contrarian Galieo Galiie (1564 – 1564) was an Italian astronomer, physicist, and engineer. He is considered “the father of modern physics, the scientific method, and modern science.” He was the “disrupter” who introduced the theory that the Sun was the centre of our Solar System (ie. – the Earth revolved around the Sun… Read more

The US Market — Stripped

The Market With No Clothes We’re still waiting for my “cats” to herd. My stray cats are still IWM (the Russell 2000) and the US Dollar currency pairs (which includes, of course, the US Dollar Index). We’re much closer this weekend, but we still have a small gap to fill, particularly in the Russell 2000… Read more

Herding

For Trading and EW Novices For those of you who know little about Elliott Wave and apparently don’t want to read the book to learn about it, let me try to make a few things a little clearer. I called this B wave (that we’re near the top of)  a corrective wave right from the… Read more

Elliott Wave and Central Banks

The Waves Tell the Story I get asked from time to time whether the actions of central bankers influence the way the market moves. The answer is “yes and no.” The “yes” part is that from 2009 to the present in the SP500 and related indices, we have a B wave, which is highly unusual… Read more

Cracks Are Showing

Full Moons Well, the influence of the full moon on Wednesday didn’t do very much to affect the markets. But, it was certainly apparent in the free blog: Animal spirits were out of control and on full display. I’ve attempted over the past several years here to promote the idea that the manner in which… Read more

Direction: Down

Not Much Left to Say I’m expecting an imminent downturn in the US indices, and just about everywhere else. The small fourth wave from the week before last took 5 days to the downside. I predicted that the fifth wave up would take a similar amount of time, projecting a top either this past Friday… Read more