BraVoCycles

Sliver Elliott Wave Counts

NASDAQ 100 (NDX) 40-Week Cycle Price Projection

NDX satisfied the 40-week cycle target but has more room for upside if it pushes higher. This is the highest available target, and NDX should reverse from it.

The Forward Line of Demarcation (FLD) is the price shifted by half the cycle period. It acts as support and resistance, but when it is crossed by the median price, it generates the cycle price projection.

This is one of the most reliable technical methods, used by only a few practitioners of cycles. In a later post, I will explain how to calculate, interpret, and use cycle price targets.

Frost & Prechter EW Count From Elliott Wave Principle

This chart by Frost and Prechter counts the 1929 peak as a super-cycle (III), while I count it as a super-cycle (I). My Elliott wave laabeling in in light blue.

If they're right, S&P should be now completing the super-cycle (V) of the Grand Super Cycle.
Implication? A "nuclear winter" for stocks — possibly 100+ years of decline.

Dow Jones Industrials - Cyclical Outlook

The chart displays DJI's cycle composite, consisting of five dominant cycles identified on the daily chart.

Note: Do not infer price levels based on cycle amplitudes. Peaks and troughs are approximate turning points. Allow for a margin around them (red double arrows) because shorter and longer cycles also influence the price. Additionally, cycles can vary slightly over time.

Where Are We in the Stock Market Grand Super Cycle?

The Grand Super Cycle started in 1789. The chart shows 100 Years of the S&P 500 Super Cycle wave (III),, which is being completed.

A Wave (IV) correction should follow — potentially lasting 15–20 years.

For perspective: wave (I) peaked in 1929, (II) bottomed in 1932, and IV lasted 9 years.

Is this Elliott wave count too bearish?

Some analysts have different counts. Check one alternative in the following post.