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.

Fed Fiasco

Between a Rock and a Hard Place The central bankers of the world are powerless to stop the deflationary situation which is unfolding. They’ve been trying to turn it around for the past 10 years (ever since 2008), but have been unable to do so. The past few days, treasury yields have been rising, but… Read more

The Science of Elliott Wave

The Elliott Wave Principle Book (a peer review) “Elliott Wave” is a science. The more I work with it, the more I am convinced — and my concentration over the past few years has been in refining the core principles,  based upon Elliott’s original work. Understanding of scientific principles evolves over time, as does our… Read more

The Long and Winding Road

The Long and Winding Road As I thought about the topping process and how all the asset classes i cover are gradually (painfully at times) meandering their way to a common top (common from a timing perspective), it led me to reflect on the bigger picture. Below is a post that addresses the fact that… Read more

The Triple Threat

Powell, Trump, and Xi We have an interesting power triangle playing out, at times a kind of a schoolyard rumble, between President Xi of China and President Trump, each attempting to outdo the other in an escalating trade war. There’s no two ways about it: Trade wars are financially destructive. Fed Chairman Jay Powell sits… Read more

Road to the Top

A Period of Relative Calm? It was a very tumultuous couple of weeks in the US indices, and a potentially lucrative one, if you follow Elliott Wave structure. The wave up on Wednesday (on news) was destined for failure, which I identified, but which dropped farther than anticipated. The Pundits’ Reaction It was hilarious to… Read more

Strange Goings-On

Strange Market Behaviour After a predictable week the week before, last week was the opposite: It was highly unpredictable! This week in this free blog, I’m going to provide some insight into the kind of thinking I do at the hourly (and smaller) chart level for the Trader’s Gold subscription service. I seldom share this… Read more

Down the Stretch

A Challenging Final Leg After a tumultuous week that was quite predictable (and lucrative for EW traders), on Friday, we bottomed. That’s not to say we can’t retest the Friday lows. The waves up are questionable and based on news, which is never a good thing. The prediction for August: sideways. I’ve been saying that… Read more

Ending Diagonals Point to a Top

Fake-out at the Top After the apparent wave failure of last week, the market turned right back up this week. Tops are a process and this one is has been hanging on as the really big ones almost always do. But, the waves don’t lie. The week began with a rally into what appeared to… Read more

A Protracted Topping Process

Friday was a Game Changer The infinity icon on the left gives you a good idea of the frustration I’m feeling about the length of time it’s taking for the US equities market to top. Friday afternoon late was a game-changer, because what was a potential ending diagonal very definitely broke to the downside, meaning… Read more

The All the Same Market Line-up

They’re All Lining Up If you were in the Chart Show this past Wednesday, you caught a really good one! I showed how virtually everything I cover is set up at inflection. There are flats of one type of another all over the place. Last weekend, I said that I expected the topping process to… Read more