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.

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

Approaching a Top

The US Dollar – Bigger Picture There was an article in Zerohedge at the end of this past week that compelled me to do a long overdue technical analysis of the US Dollar Index. The article is about the work some countries have undertaken to develop and alternative to the SWIFT system, which has been… Read more

A SWIFT Kick to the Dollar

Goofy There was an article that came out at the end of the day Friday on zerohedge that I was going to comment on, but then I had defend myself when I commented a major clam analysis … and it just put me completely off.) This followed a commenter posting and promoting a competitive site… Read more

A Summer to Remember!

Pundits — A Good Laugh! I found myself chuckling this past week as there were so many predictions of a turn down in conjunction with the Fed announcement this past Wednesday, which didn’t have a chance in Hell of happening: Events don’t affect the market in a lasting technical manner. We were still expecting a… Read more

Reaching for the Top

A Major High Dead Ahead There’s a lot of unpredictability built into the market overall at the moment. We’re close to a major top, so you have to expect some volatility and a lot of uncertainty. It’s a dangerous market. While this weekend’s prognosis across the various asset classes seems fairly obvious, it also signals… Read more

Broadening Tops

The Megaphone Pattern Broadening tops are not an Elliott Wave pattern. The question I’ve been attempting to research this weekend is if we are going to have a wave up in three waves, or five waves. My conclusion (because I’ve found examples of both), is that we’re likely to get an ABC wave up in… Read more