Stock Indices Mid-Year Video Update PART I/III
by WaveTrack International| June 14, 2022 | No Comments
STOCK INDICES MID-YEAR VIDEO UPDATE 2022 Part I/III
2022’s Correction Hits Interim Targets – Final Lows in October-December
Stock Indices Report PART I
This year’s stock market trends have certainly been impacted by the new rate hike cycle. The S&P 500 is down -20% per cent from January’s high into May’s low whilst the Nasdaq 100 is down -30% per cent. ETF’s like the Fangs+ technology index is down -42% per cent with individual component equities down by -77% per cent. In terms of performance, it’s a very mixed affair. On the other side of the scale, outperforming sectors like Consumer Staples (XLP) held up pretty well, trading to a new post-pandemic high last April, and only then staging sharp declines that begin multi-month corrections.
What next?
So far, the annual Stock Indices Report PART I published last December ’21 called this market downturn perfectly – see Fig #1 – but what next?
U.S. indices have declined from their November/January highs into ‘a-b-c’ zig zag patterns that ended into the May lows. Sentiment was registering bearish extremes at the time and this pessimism was also seen in various Fund Manager surveys. But as prices recover higher. So analysts are now questioning whether this is simply a counter-trend rally or the resumption of the prevailing secular uptrend?
In this mid-year Stock Indices PART I report, we’ll show clues suggesting May’s recovery is most likely a counter-trend bounce ahead of more declines later this year.
Stock Indices World – Bovespa Brazil Forecast
Supporting this outlook, we’ll be taking a look at a very different type of corrective pattern that began unfolding from last November’s high in Europe from February’s high in Australia. These establish critical archetypes and Elliott Wave price forecasts for other major indices from around the world, in Brazil, Saudi Arabia, India, Singapore, Taiwan and Japan – and in China, Hong Kong, a few surprises too!
New Stock Indices 2022 Video – PART I/III
This 2022 MID-YEAR VIDEO UPDATE for STOCK INDICES is like nothing you’ve seen anywhere else in the world. It’s unique to WaveTrack International, how we foresee trends developing through the lens of Elliott Wave Principle (EWP) and how its forecasts correlate with Cycles, Sentiment extremes and Economic data trends.
We invite you to take this next step in our financial journey with us – video subscription details are below – just follow the links and we’ll see you soon!
Most sincerely,
Peter Goodburn
Founder and Chief Elliott Wave Analyst
WaveTrack International
Contents Stock Indices Mid-Year Video Update 2022
Charts: 91 | Video: 2 hours 40 mins.
CONTACT US NOW VIA EMAIL – SELECT YOUR PACKAGE
Single Video – *$48.00 – PART I Stock Index Video Outlook 2022 (June ’22) or send us an email to services@wavetrack.com
Triple Package offer – *$96.00 (saving 33%)! – PART I – PART II – PART III (June – August ’22)
*(additional VAT may be added depending on your country – currently US, Canada, Asia have no added VAT but most European countries do)
PARTS II & III will be available in a few weeks’ time – we’re working on it!
HOW CAN YOU RECEIVE THE VIDEO FORECAST?
To receive your VIDEO UPDATE please click here to contact us.
– Please state if you wish to purchase the SINGLE VIDEO – Stock Index Video Outlook 2022 for USD *48.00 and send us an email to services@wavetrack.com?
– Or opt for the TRIPLE PACKAGE for USD *96.00 in total?
– Next we will send you a PayPal payment request and provide you with the video link & PDF report once payment is confirmed. Please know the reply can take up to 6 hours. But rest assured we will give our best to provide you with the information as soon as possible!
*(additional VAT may be added depending on your country of residence. Currently, the US, Canada, Asia have no added VAT but most European countries do)
We’re sure you’ll reap the benefits – don’t forget to contact us with any Elliott Wave questions – Peter is always keen to hear your views, queries, and comments.
Visit us @ www.wavetrack.com
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