Oct 24, 2026

Update

Higher for a few days followed by lower low. I guess bounce from the neckline of this H&S and continuation lower, alternate bigger corrective wave b/2.
Overall expecting decline in November into 20w low.

24 comments:

  1. Only 7500 for 20/40w low? I think all the movement since June must be reversed, around 7000, may be 6600

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    Replies
    1. This is just an hourly chart and the next trend line, not a price projection for 20w/40w low.

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  2. As I understand it...
    In your chart, you're suggesting a terminal wave with wave 4 overlapping wave 2.
    That means the S&P should head toward ±6,400 over the next 3–4 months.

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  3. What are your price projections?

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    Replies
    1. 38% retracement 6200-6400 next year.

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    2. In the short term what to expect for 20w low?

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    3. Around MA200 on the daily chart.

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  4. SPX still in b/2 wave, final waves 4 and 5 of c missing to complete flat correction - https://invst.ly/1kcd7x

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    Replies
    1. Final pop on FOMC tonight, then continuation lower

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    2. In addition that, if no decline this week, chances are high that the Q4 lows are in and new ATHs are next for ES, DAX etc.

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  5. Crazy if you project the 7y cycle highs(red) 7y cycle lows(blue) and 9y cycle lows(black) they all converge in a very short time frame 6-9 months - https://invst.ly/1kcl5q

    My interpretation the indices will try to make another higher high, but the price action will be weak because the 7y and 9y cycles will pull the price lower. We will see M pattern - 7y and 9y cycle low and a few months later 7y high followed by 7-9 years lower.

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    Replies
    1. I do not understand this: 7y and 9y cycle low and a few months later 7y high followed by 7-9 years lower.
      What are the approximate dates?

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    2. All three converge between the second half of 2028 and the first half of 2029.
      Simple if we 7y low and a few months later 7y high then the prices turns lower for the next 7y low and it will move lower 6-7 years.

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    3. To sum up, high in 2028, low in 2029?

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  6. What is your current forecast on DAX in the coming days/weeks? Thx

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    Replies
    1. the same a-b-c higher for b/2

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    2. 24 000 a reasonable target for Nov low?

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    3. 1.618 extension and next support is around 23500 - looks like the logical target.

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    4. b/2 ended on Thursday last week?

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  7. ATH before Christmas 😉

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