WaveTrack International

Elliott Wave Financial Price Forecasting

Cycles

by m.tamosauskas| November 22, 2013 | No Comments

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This weekly chart that depicts the larger upswing from the March ’09 low of 666.79 has been incorporated because it emphasizes the cyclic structure of the S&P’s price action. Especially a 62- and a 65-week cycle have been of great value during the last four years as they coincided with important tops. The interesting observation is that both the 62- and 65-week cycle indicate a high in the time band between now and mid-December.

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About WTI

WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

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