Preparing for Major Shifts in 2021 – 2025
Preparing for Major Shifts in 2021 - 2025
05/13/24 – “Stock Indices remain in the second stage (a multi-week reactive rally from the April 19th lows) of what is expected to be a 2 – 3 month sell-off after fulfilling multi-year upside price targets and cycles in all six indexes in 1Q 2024. In Elliott terms, they are in a likely ‘b’ wave bounce – sandwiched between an initial ‘a’ […]
Read more05-11-24 – Gold & Silver retraced to, and held, initial downside targets at ~2300/GCM & ~26.50/SIN without turning their new intra-month trends down. Silver then turned its new intra-month trend up, as both metals rallied, while Gold needs a daily close above 2340/GCM to do the same and to project a new round of upside into (at least) May 17/20, ’24. Silver is validating a decisive period […]
Read more05/11/24 – “Stock Indices remain divergent with their weekly trends projecting slightly different outcomes. In both cases, the indexes are still perceived to be in (or just completing) a ‘b’ wave bounce – between an initial ‘a’ wave decline and an expected (potentially sharper) ‘c’ wave decline. The April 19th lows – and coinciding weekly HLS and weekly trend indicators – projected a multi-week reactive […]
Read more05-08-24 – Gold & Silver retraced to, and held, initial downside targets at ~2300/GCM & ~26.50/SIN without turning their new intra-month trends down. Silver then turned its new intra-month trend up while Gold needs a daily close above 2340/GCM to do the same and to project a new round of upside into (at least) mid-May ’24. Silver is at a decisive juncture and is starting to reinforce the […]
Read more05/08/24 – “Over the past 5 – 7 years, a recurring topic of discussion is the ‘Energy/Equity Connection’ – the loose correlation between moves in the energy sector and similar moves in the equity markets. As explained in the 2018 excerpts on page 2, this is NOT a precise link and usually has levels/periods of divergence – when one has already completed a move […]
Read more05-06-24 – Gold & Silver have corrected and consolidated after surging to primary & secondary upside price targets in the first half of April, fulfilling overriding wave timing targets and intermediate cycles as well. Both metals reached and held initial downside targets at ~2300/GCM & ~26.50/SIN without turning their new intra-month trends down. Silver has turned its new intra-month trend up while Gold needs a […]
Read more05/06/24 – “Stock Indices remain in the second stage (a likely 2 – 3 week reactive rally from the April 19th lows) of what is expected to be a 2 – 3 month sell-off after fulfilling multi-year upside price targets and cycles in all six indexes. In Elliott terms, they are in a likely ‘b’ wave bounce – sandwiched between an initial […]
Read more05-04-24 – Gold & Silver have consolidated but could resume rallies in the coming week… Gold & Silver have corrected and consolidated after surging to primary & secondary upside price targets in the first half of April, fulfilling overriding wave timing targets and intermediate cycles as well. Reinforcing the projections for a surge into mid-April, Gold attacked its weekly LHR on April 5th – […]
Read more05/04/24 – “Stock Indices completed the first stage, and are tracing out the second stage, of what is expected to be a 2 – 3 month sell-off after fulfilling multi-year upside price targets and cycles in all six indexes. In Elliott terms, they are in a likely ‘b’ wave bounce – sandwiched between an initial ‘a’ wave decline and a future (potentially […]
Read more05/03/24 – “Stock Indices completed the first stage, and are tracing out the second stage, of what is expected to be a 2 – 3 month sell-off after fulfilling multi-year upside price targets and cycles in all six indexes. In Elliott terms, they are in a likely ‘b’ wave bounce – sandwiched between an initial ‘a’ wave decline and a future (potentially […]
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