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Editor of Market Twists & Turns — delivering unmatched stock, crypto, commodities, and forex analysis using a unique blend of Cycles, Cycle Price Projections, Elliott Wave Theory, plus technical & sentiment tools. With 30 years in financial markets, I help you anticipate turns, ride waves, and stay ahead of the crowd. Subscribe for real-time analysis and insights. Not a financial advisor.
NASDAQ 100 (NDX) - 16-Week Cycle
16-week = 80 trading days cycle is among most prominent among various stocks and stock market indexes.
For NDX, its estimated peak was a week ago (similar for SOX). The next trough is estimated in early August.
Remember, it is not just one cycle that drives the price; a superposition of multiple cycles also matters.