Elliott Wave Technology. Automated Trading and Investment Strategies

The Road to DOW 100K

2025-12-12T12:00:00.004-05:00

Why the Fourth Turning Won’t Resolve Until Super Cycle Wave III Peaks and Wave IV Finds Bottom

As we close out 2025 with the Dow Jones Industrial Average within reach of the psychological 50,000 level and despite all the well-deserved doom and gloom, the question on every die-hard bullish investor’s mind is not if the index will reach 100,000, but when — and what price will be paid along the way.

Some analysts interpret the structure as Grand Super Cycle Wave III (or V), depending on where they anchor the pre-industrial baseline. This distinction does not alter the implications: under both counts, the current advance is still part of an extended third wave, and third waves are not where secular crises resolve. They are where excess accumulates.

Is Resistance Futile?

2022-11-09T21:33:00.004-05:00

Okay, here I go again.

Because the truth is hurtful in many instances, conservatives and liberals are likely to get triggered by this.

BUT... Tis the season; it is what it is.

When Will the Bear Market End?

2022-10-31T20:30:00.004-04:00

The following is my first post in quite some time, possibly my last.

Four years before its arrival, in March 2017, I posited that 2021 would be a year of significant import for numerous technical reasons. Namely, that 2021 would mark the end of a Secular Bull market in financial assets.

The Nasdaq topped in late 2021, followed quickly by a top in the S&P 500 and the Dow in early 2022. My prediction for a market top back in 2017 was accurate.

CYCLES AND TRANSITIONS

2018-12-09T20:01:00.000-05:00

Gosh, it’s been nearly a year and a half since I’ve written a post for Elliott Wave Technology!

Just as markets do, I too have gone through a cyclical transition of sorts.

Although I am still very much on top of keeping abreast of the Long-Term Trend Monitor for my long-standing loyal subscribers – I have mostly retired at this juncture and as such, have also retired the balance of my previous offerings.

I will soon provide the regular quarterly update for the Long-Term Monitor later this month.

1776 - The American DECLARATION:

2017-07-04T14:59:00.001-04:00

1776 - The American DECLARATION: These foundational concepts of American history along with the brilliantly drafted binding documents, which were mostly a collection of prudently reasoned natural laws, provides perpetual testament to that which humankind can be exceptionally proud of for all eternity.

2021: Poised to be A Pivotal Year

2017-03-24T18:19:00.000-04:00

There are countless reasons why the year 2021 is poised to be a year of pivotal import. Below we provide one reason that can be counted several ways. The cyclical means by which such calculation can be counted is furnished via the Fibonacci sequence. Go here for more on the 2021 effect.

Political Climate in America: Storm Clouds Gathering

2016-07-22T16:31:00.001-04:00

Elephants in the Room

If we simply care enough to look and see what’s hidden in plain sight, each and every one of us - regardless of orientation, will suddenly conclude that it’s time to stop fighting with one another, as the majority of such infighting and divisiveness is fostered by the subversive encouragement of none other than a plainly visible common enemy – our Oligarch’s.

Money and the Universe from Nothing: Is it Right?

2016-07-13T16:49:00.001-04:00

Although I was raised under the doctrines of the Roman Catholic Church, and respectful thereof - as I am with all other peaceful religions of the world, I do not consider myself to be particularly “religious,” but rather a logical skeptic, and persistent seeker of empirical truth in every realm.

SILVER: Prospects for the Birth of a New Bull Run

2016-05-01T17:41:00.000-04:00

The prospect for the birth of a new Bull-Run in Silver speaks to a broader cyclical theme that relates to a dying dollar bull, and a corollary cyclical sentiment shift back toward a strong market preference for tangible vs. paper assets. From its current cyclical low in December of 2015, Silver Bullion has risen 30%.

In the broadest of terms, the above referenced theme would suggest the early adoption of a general pair’s trade that was short the dollar and long commodities.

At present, from an Elliott Wave perspective, the 30% rally in Silver is somewhat tentative in terms of whether or not its wave structure is exhibiting impulsive (bullish) or corrective (bearish) patterns.

OIL: As Good As It Gets

2016-02-03T17:07:00.001-05:00

In observing the enormous triple digit percentage gains achieved amid Crude Oil’s northward thrusts versus its debilitating double digit losses during its major spills, it becomes rather clear why market participants prefer buying low in a newly forming bull market vs. selling short at the onset of a bear market.

Hauntingly Familiar

2015-09-26T20:11:00.000-04:00

Just as it did exactly 4-months following its print high in October of 2007, the Dow (within the few trading days remaining in September) is once again on path to breach its cyclical uptrend from a previous bear market low.

Although the outcome may be better or worse this time around, the pattern unfolding is nonetheless hauntingly familiar.

The "Money Shots" in Rigged Markets

2015-07-19T21:58:00.000-04:00

After 10-years of providing steadfast market guidance, countless charts and numerous forecasts, I must admit that it becomes rather challenging to come up with new and unique ways in which to talk about and promote the benefits of subscribing to such services for interested readers.

SILVER: 5 Price Targets and Only 1 to the Upside

2015-07-03T16:19:00.000-04:00

Still mired within a multi-year bear market quandary of nefarious financial rigging via the futures markets, it’s difficult to know just when Silver will touch down at a final bottom.

Although we cannot know when this bottom will occur, we can gauge at what technical price level such a bottom might rest. The current print low is $14.10, and indeed - this price point may be the actual bottom we are looking for. If $14.10 fails to hold however, we submit 4 additional downside price targets to consider.

Move Over Bitcoin & PayPal, BitGold is Here

2015-06-28T19:28:00.000-04:00

Given the fragile state of global financial affairs, timing for the arrival of the BitGold platform could not be better. On Tuesday June 26 2015, BitGold announced its platform launch in the United States.

I think that by now, it is crystal clear and common knowledge that everyone should hold a portion of their wealth and savings in the precious monetary metals.

Bulls Drowning in Profits: Bears Parched

2015-04-17T15:48:00.000-04:00

I mean come on, what does it take to get people to wake up and get with the program these days? I just don’t know anymore. I tell ya, I’m this close to just giving up and telling everyone to piss-off – you’re on your own now brothers and sisters.

Listen, there’s no one more bearish than myself yet I remain long the equity markets. Why, because I’d have lost my ass if I had been flat or short the last 6-years - that’s why.

Beyond the Twilight Zone

2015-02-22T20:22:00.000-05:00

Upon peeling back several layers of the reality onion in the mid-to-late 1990’s, we were convinced way back then of the Twilight Zone reality that the world had come to embrace. Given all that has transpired since then, we are now well beyond the Twilight Zone.

It’s been a long, long time since financial markets have reflected what’s actually taking place in the world around us, and as such, it’s been a similarly long time since we've bothered attempting to try and correlate the two.

Silver Losing its Grip on the Recent Uptrend

2015-02-06T10:42:00.000-05:00

Though still rising (for now) amid higher-highs and higher-lows, Silver is beginning to show signs of losing its grip on the uptrend established from its December low.

After peaking at $18.50 upon brief encounter with a well-established bearish and declining 200-day average, the dollar-price of silver today is breaching its short-term uptrend line.

Mid-Term Outlook: January, 2015

2015-01-18T15:20:00.000-05:00

Have the equity markets finally peaked? In our view, they should have never carried on as they have - but with psychopaths at the helm of the financial sphere, you just never know what the future will bring.

It’s been a long, long time since financial markets have actually reflected what’s taking place in mainstream economies, and as such, it’s been a similarly long time since we've even bothered to try and correlate the two.

Silver: Short-Term Trend Turns Upward

2015-01-17T00:00:00.000-05:00

For now, on a short-term basis, the dollar-price of silver has reversed to the upside.

With higher highs and higher lows quantifying the base definition of an upward trend, silvers price action from its recent print low at $14.10 certainly fits the bill.

CAT to Follow Crude to $40.00?

2015-01-16T21:19:00.000-05:00

Is it reasonable to assume that so goes Crude Oil, so goes Caterpillar? Perhaps it is, or perhaps not, but the price charts of these two economic giants do show a fair degree of correlation.

Some Motley Fools I know think there may be some fundamental correlations as well.

Cash Flow is King

2015-01-07T15:41:00.000-05:00

Continuing from part 1, Why the Paper-Price of Gold and Silver Matters, as promised, we’ll start with a chart of the dollar and discuss the various heights to which this dirtiest of all shirts can elevate itself.

Since basing at 78.91 back in May of 2014, the fed-injected steroids really kicked in. The dollar value has surged more than 16% in nine months - and is now trading north of the 90-handle.

Why the Paper-Price of Gold & Silver Matters

2015-01-05T20:57:00.000-05:00

Part 1: If you are at all inclined to agree with the largely defensive and reflexive concept that paper-prices (i.e. dollar-values) for all products, commodities, and services are virtually meaningless, you’re going to want to read this.

If you are especially quick in holding to the notion that the paper-price valuations of gold and silver simply don’t matter, read on – we’re going to share some opinions as to why all of these paper-prices do matter.

Are traders and investors about to dump Amazon?

2014-12-23T23:19:00.002-05:00

Down sharply from its 2014 highs when it boasted a 1076% gain from the bear market depths of 2008, are traders and investors about to sell out on this e-commerce industry titan?

At present, trading just north of $306, Amazon is exchanging hands for nearly 25% less than it was at its all time high of $408.06 per share.

Amazon: If stock price breaks down, how low can it go?

2014-12-22T22:38:00.000-05:00

Although anything is possible when it comes to the financial markets, there is currently a bearish case to be made for the future price level of Amazon stock.

Within each of the three conventional time horizons, the prevailing price trends of Amazon shares are down.

Dow to Peak in 2015 ?

2014-12-20T21:22:00.005-05:00

Rooted within a long-term forecast rendered 4-years ago, we have been watching the year 2015 as a potential time-frame in which the Dow could peak and put an end to the bull market in equities.