NASDAQ 100 Index Supercycle Wave 5 Forecast

30 дек. 2021 г.

Shown is a forecast of Supercycle Wave 5 in the NASDAQ 100 Index. I also break down the structure of the Supercycle Wave 5 we're currently in and lay out a target zone for Grand Supercycle Wave 5, Submillennium Wave 5, Millennium Wave 1, and Millennium Wave 2 - which should prove to be the largest decline in the history of the Index.
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Blue Line: Primary Forecast
Yellow Line: Secondary Forecast
Orange Line: Tertiary Forecast
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Pink: Cycle Degree
Purple: Supercycle Degree
Blue: Grand Supercycle Degree
Cyan: Submillennium Degree
Green: Millennium Degree
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I suspect that we're still in Cycle Wave 4 with more downside to come currently, but, at least for the next couple of years, I don't see an end coming to the historic bull run we've been lucky enough to witness.

I'm not claiming this forecast to be set in stone; this is merely my interpretation of where we are in the progressive structure of this index based on the rules and guidelines laid out in the Elliott Wave Principle. If you believe in the Wave Principle, then at the very least this analysis should display the form that progress will take, with time and amplitude estimated based on common occurrences found in all degrees of waves of all manner of things that experience non-linear progress over time. I will continue to conduct daily analysis of the index to alert me to any changes in the long term trend, but I feel confident in knowing where major points of resistance and support should be for the next several years and in what the market will not do under any circumstance aside from total collapse.