Feb 21, 2026

Update

Timing starts looking perfect - 2 months from the December high for 10w high, 4 months from the October high for 20w high, next week is week 31 close to the average for 40w high, 15 months from the last important high in 2024 for 18m high(average 14-16 months), 4 years after the last major high.

The pattern looks now close to completion and the timing looks perfect. Watching a top for the history in a slow motion......

18 comments:

  1. Can you explain the comment for the history? Isn't it just a 20% drop? Wouldn't that be a good buying opportunity?

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    1. Can you explain the comment for the history? - which comment?
      Isn't it just a 20% drop? - just the first decline, there will be more after that
      Wouldn't that be a good buying opportunity? it depends on the time frame it is not for buy and hold

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    2. Krasi, I believe they are asking about your reference to " ... A TOP for the history ..." in the last sentence of your Update above. I had the same question in my mind reading it, and wondered if this wording implied that you see the drop to come to be of similar magnitude/strength as in 2000, 2007, etc.? Thank you very much.

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    3. Yes that comment. Can you describe where you see a bottom after the 20 %? I know you don't have a crystal ball but how low could it go before buy and hold is back? Im trying to figure out how to make money off this.

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    4. The majority see grand super cycle wave 3 completing and 4 to follow - this means something like 20 years lower and the low is usually the low of the previous wave 4 of lower degree which is the low from 2009 so 600-800 points fro SP500.
      I am way more bullish - I think it is a huge correction which started in 2000 this is the B wave and C wave will follow - this means it will move fast and it will be very scary but it will last 5-10 years running correction maybe 1500 points.
      In both cases it is for the history once in 100 years event.

      P.S. Neely sees the correction completing soon and the indices just starting... which is complete nonsense for me. Why? - because the world the way we know is dying and we will see dramatic events starting from 2026.

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    5. How would you trade that anticipated C wave?

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    6. Stay in cash and wait, in a few years buy precious metals/gold miners, buy short ETFs at tops....

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    7. Krasi, would you have a long-term chart (or link to one on-line) that includes the A-B-C correction you reference above, that also includes the supposed EW counts / annotations? I have been unable to find one that far back in history on the Web. This chart would help us visualize the "big picture", as well as the long-term EW counts you are discussing. Thank you sir.

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    8. Krasi, I did just stumble upon this long-term chart, though it's EW counts may be vastly different than what you are envisioning/counting, and doesn't necessarily pose the A-B-C correction to which you refer. Is this one anywhere close to what you can see as feasible? Thanks. https://elliottwave-forecast.com/video-blog/a-path-to-10000-a-nesting-on-the-making/

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    9. No, like this https://invst.ly/1frb2z

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  2. If this is an important topping formation with S&P500 going basically sideways since October, would't it make sense for price to make a stop run/fake move to the upside before a sharp reversal and continuation lower?

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  3. Last week could have been 20w low? - lasting 13 weeks.
    It would explain this strong rebound

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    1. There is no strong rebound and there is no 20w low

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  4. Hello, can you give as some colour about Eurostoxx 50, is tradingat 17x PE Forward, extremely expensive if you compare with SPX Equal Weighted ?

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    1. Yes, it looks like DAX is aiming for another high or at least a re-test of January highs.

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