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: 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

A Slowly Dying Market

Irrational Euphoria is in its Dying Stages The herd is still irrationally euphoric about prospects for the future, mostly based upon propaganda of one type of another. There’s also the fact that as long as they’ve been alive, the “nanny state” has always provided for them, as we all live well beyond our means and… Read More

Non-Confirmation: Looking Ahead to the Top

Like Herding Cats Major tops are difficult things to analyze. They’re open to volatility (they’re always low volume affairs) and there’s usually non-confirmation between indices. In other words, some indices can trace out different patterns than others. However, they all need to eventually top in their own ways. It’s a bit like herding cats, as… Read More

Mister Moon, the Market, and You

The “Man” that Affects Us Every Day This Sunday (August 26) marks another full Moon event. Below is an updated version of a chart of the SP500 since the beginning of the year showing every full Moon since that time and the effect on the stock market. Each one has resulted in the turn (to… Read More

September Should Be Interesting

It’s Almost Fall! Well, that went …. slowly. The summer doldrums, that is. I’m expecting a really volatile fall, while the summer was, well … frustrating as heck! In terms of the US market, I’m expecting a large C wave down starting this week to finish of the fourth wave (the final wave before a… Read More