Stock Divergence Widening; Late-May (NQ) & Mid-June (DJTA) Cycle Lows in Focus.

05/11/24 – “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 […]

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Gold/Silver Project New Surges into Mid-May; XAU & HUI Poised for Quick Spike High.

05-08-24 – 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 […]

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Stocks Focused on Mid-June ’24 Cycle Lows. NQ-100 Bottom Likely in Late-May ’24.

05/08/24 – “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 […]

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Silver Validating ‘Ideal’ Scenario for May/June 2024; Projects Strong Surge!

05-06-24 – 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 […]

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Silver Poised for Strong Surge; Reinforcing ‘Ideal’ Scenario for May/June 2024!

05-04-24 – 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 – […]

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Stocks in Corrective Phase; Divergent Lows Expected in late-May and/or mid-June ‘24.

05/04/24 – “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 […]

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Gold & Silver Testing Support… Rally into May 17/20th Likely.

05-01-24 – 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 as well. Reinforcing projections for a surge into mid-April, Gold attacked its weekly LHR on April 5th – portending an ensuing intermediate peak in the following week(s).  On April 12, Gold spiked up to a combination of upside […]

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Stocks Reinforce Pivotal Support at April 19th Lows!

05/01/24 – “Equities fulfilled projections for initial declines during the Month of Aggression – the first ‘month’ of the new Natural Year, from March 20/21st into April 19th (Date of Aggression).  They bottomed precisely on April 19th, fulfilling a host of downside timing & price projections. That 3 – 4 week decline reinforced the projected multi-month peaks and fulfilled initial expectations from late-March reversals & sell signals… […]

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