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
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.
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
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
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
Multiple Major Turns I’m dubbing the impending turn as “The Turn of the Century.” It’s not the top of the market, but there are turns happening at the same time in the US Dollar (and related currencies), the US indices, and gold and silver. It looks to me like they’re ALL going to change direction… Read More
The Unified Cycle Theory In 2014, I conducted an interview with Steve Puetz, the author of the Unified Cycle Theory (2009) which was a ground-breaking book, following in the footsteps of several years of work I’d completed on cycles. I had just finished researching the work of Dr. Raymond H. Wheeler and was searching for… Read More
The 500 Year Bull Market If often talk about the 500 year bull market. From my extensive research in economic cycles, the more specific measure is 516 years (3 times the 172 market crash cycles). If the “orthodox top” of the market was in 2007 (which also coincides with a 172 market top (and the… Read More
Full Moons, New Moons, and Eclipses Most of us are aware that the Moon has an influence on the market. I thought it would be interesting to see how the Moon has affected this sideways market since the beginning of the year. To do that, I’ve overlain arrows showing the Moon events since January 29… Read More
Update: Monday, July 16 Above is a chart that was part of a zerohedge article on the Amazon insurrection in Europe. As I’ve written before, you’ll find EW trends throughout society and here’s another example. If I was Jeff and understood how trends unfold, I’d be worried. After 5 waves up, the trend will reverse… Read More
The Center of the Financial Universe: The US Dollar The movement of the past few days prompted me to do a deep dive on the US Dollar—a renewed interest in the “big picture”—where the dollar is going longer term. In this case the technicals tell a much different picture than the prognostications of many of… Read More