Preparing for Major Shifts in 2021 – 2025
Preparing for Major Shifts in 2021 - 2025
05/29/24 – “Stock Indices are confirming the onset of ‘c’ wave declines (in most indexes) that should last into June 17 – 28th… after peaking in mid-May and fulfilling intra-month uptrends. The Russell 2000 & DJTA also fulfilled recurring weekly cycles while setting lower highs in mid-May 2024… and have been (again) leading the downward reversal and providing ominous omens. They […]
Read more05/25/24 – “Stock Indices validated the outlook for renewed trouble on May 17th – 24th. Most indicators & stocks peaked on May 14/15th – after fulfilling intra-month uptrend signals – and have now increased the potential for an overall decline past mid-June ‘24. Many indexes project cycle lows on June 17 – 28th – the likely completion of an overall (~3-month) ‘a-b-c’ correction. The DJTA reinforced that […]
Read more05/23/24 – “Stock Indices are validating the potential for a vulnerable period on May 17th – 24th. They are (again) diverging at recent highs… after rallying into May 15th and attacking monthly resistance levels while fulfilling intra-month uptrend projections. A couple indexes have spiked to new highs – fulfilling their positive weekly trend patterns – while others (those that normally lead downward reversals in […]
Read more05/22/24 – “Stock Indices have (again) diverged after rallying into May 15th and attacking monthly resistance levels while fulfilling intra-month uptrend projections. A couple indexes have spiked to new highs – fulfilling their positive weekly trend patterns – while others (those that normally lead downward reversals in the overall market) set lower highs and are signaling new declines. That divergence is typical of […]
Read more05/20/24 – “Stock Indices have rallied beyond expectations but most are still tracing out what appear to be ‘b’ wave advances (prior to ‘c’ wave declines into June 17 – 28th). They are providing the usual divergence with weaker indexes peaking at lower highs while fulfilling intra-month uptrends. On a multi-month basis, equities are still perceived to be in the second stage (a multi-week […]
Read more05/18/24 – “Stock indexes have rallied beyond expectations but most are still tracing out what appears to be ‘b’ wave advances (prior to ‘c’ wave declines into June 17 – 28th). They are providing the usual divergence with weaker indexes peaking at lower highs while fulfilling intra-month uptrends… Stock Indices remain in the second stage (a multi-week reactive rally from the April […]
Read more05/15/24 – “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 correction after fulfilling multi-year upside price targets & cycles in all six indexes in 1Q 2024. In Elliott terms, they are in a likely ‘b’ wave bounce – sandwiched between an initial ‘a’ wave […]
Read more05/13/24 – “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 – “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 – “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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