Peter Eliades Cycle Top

This is a chart of Peter Eliades potential projected 20-week cycle top of 4286.79 within 10% projected level in the grey rectangle.

that rather consistent chart marked the jan high  .....its over ........up we go./......peter bear allways overplays his bearishness 

Edited by da_cheif, 15 August 2022 - 06:11 AM.

eliades and his cycle high   7 years ago

https://www.cnbc.com...speaks-out.html

eliades and his cycle high   7 years ago

 

https://www.cnbc.com...speaks-out.html

dragging old stuff out again from the guy that was ultra bullish in Jan. lol

 

eliades and his cycle high   7 years ago

 

https://www.cnbc.com...speaks-out.html

dragging old stuff out again from the guy that was ultra bullish in Jan. lol

 

ive been ultra bullish since 675 0n0......so how bout U?

ROFL

It's easy to bullish especially from where I started back then but the bulls missed the 20 and 22 tops to add +20% to profits and restart in bullishness lol!!  Gonna be a long trek back to 4800 where the bulls calling for more rally can be truly bullish when your only trading one direction. 

It's easy to bullish especially from where I started back then but the bulls missed the 20 and 22 tops to add +20% to profits and restart in bullishness lol!!  Gonna be a long trek back to 4800 where the bulls calling for more rally can be truly bullish when your only trading one direction. 

 Yup easy to be long term bullish, even a cavemen could do it. Being a good trader is different. But I do think many underestimated the mid June low.

Edited by bigtrader, 15 August 2022 - 09:26 AM.

I posted on here we were near a low and think were near a top now as I think volatility will get big in September, October this year but in the end it doesn't matter, I'll just continue selling option premium up and down out of the money lol!!   On the cash S&P500 there is a gap around 3800 and it will be filled sometime, not sure when but I've also said were in this volatile market for another 3-5 years even if we do touch old highs once again, similar to the 2000-2007-2013 trading period.  The everything bubble is slowly deflating and isn't going to be done this quick in my view! 

It's easy to bullish especially from where I started back then but the bulls missed the 20 and 22 tops to add +20% to profits and restart in bullishness lol!!  Gonna be a long trek back to 4800 where the bulls calling for more rally can be truly bullish when your only trading one direction. 

yah those that trade in only one direction.......dont have happy subs