Oct 31, 2026

Update

The b/2 wave was completed this week and c/3 is close to completition too. For completed pattern we should see one more decline and if it occurs the trend lines and 1.618 extension will be reached - this is the logical target.
From cycle perspective 1-2 days decline and retracement makes perfect sense too.
The 20w cycles has so far two cycles with length month and a half exactly between 5w and 10w cycle... maybe it will divide in three shorter cycles instead of 2x10w cycles?
The bigger picture - the action will be next year. I am not sure if we will see higher high or not in January/early February for the next 40w high.
Take a look at the previous high - the current price action is nothing different.

19 comments:

  1. Is the 20w low you are showing towards the end of Nov also the 40w low?

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  2. Is TLT ready to go very high?

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    Replies
    1. If you think 108-109 is very high - yes it is possible. Correction for 8y cycle high that is all.

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    2. Yes, I thought 110-120.
      After that, It will go down below 70 ?

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  3. We can count 1 October 80d low and now this is 40d low. DJI is much clearer

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  4. Short term low and reversal today when the election results are digested?

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  5. Care to comment on DAX? Only 1,5% from old highs. Thx

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    Replies
    1. This is what makes sense at the moment - https://invst.ly/1ke45i

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    2. So you believe it might decline around 5% from current levels if ES is close to a bottom here? Thx

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    3. Yes, ES is not close to bottom.

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  6. This is 40 week low, dow jones is very strong

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    Replies
    1. Not very likely the NDX is weak and likely has more to the downside to complete expanded flat - https://invst.ly/1ke24-

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  7. market up massively! what crash? dint even drop to 7200. when?

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  8. This is what I see - https://invst.ly/1ke42r
    Nothing new yesterday just confirmed it. Expanded flat is the pattern which makes sense.

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  9. I find it hard to believe the vix after trying to break it over 22 for so long it's simple going to shrink back to 12 within a few weeks time. Really?

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