Updated December, 2, 2018
This is a very popular page and it’s very important to look in if you want to understand Cycle degree wave analysis. I look at all markets from a Cycle degree perspective, as without all the Cycle degree connections found first, we can’t move a single degree higher. I draw my Idealized charts in freehand on large format drawing and tracing paper, which I pin on my cork wall directly above my computer screen. This is relevant to my 2018 wave positions and I take an iPhone picture of this chart. It’s large in size but I have a big table setup where I can produce different free hand drawings at anytime.
These pictures are locked but copies should be easy to make. I only use 3 color codes and if you spot the “B” wave top in red and then the wave 2 rally in blue. This is where we could be heading too in December 2018. I only had to use white-out once which is easy to spot. After the Cycle degree wave 4 bottom I started the count for an extended wave 3 in Primary degree with an additional 2 sets of 1-2 wave counts. We would be lucky to see the Minute degree wave 1-2 but the first wave 1-2 I need always, forms at the bottom.
All my work is based on the vision that the EWP is nothing but one huge impulse wave with its origins of wave zero starting at the bottom of the last ice age about 20,000 years ago. About 10,000 years ago the earth’s climate had already significantly warmed up, and commercial farming was picking up dramatically. Commercial farming allowed city-states to grow into empires which history has documented very well. Since then there have been up and down trends, that closely follow global warming and global cooling.
The above chart starts at the top left, (Late 2017?) with Cycle degree wave 3, followed by a Cycle degree 4th wave correction, after which the markets should soar one more time. The key is what the pattern is that we would need, to complete the 5th wave in Cycle degree. This would be 5 waves in Primary degree, that would follow solar cycle #25 to its top, 5-8 years later.
Many times, I included a triangle as my 4th wave, but that is only to show that no wave structures are “even” like they show us in the Little Blue Book. Many times we would get a flat in a 4th wave position as obvious triangles are a bit on the rare side.
The idealized chart ended in 2000 with a wave 3 in Intermediate degree, followed by another top in late 2007, as the Primary degree. Now in late 2017, I’m looking for a wave 3 top in Cycle degree. Each wave 3 moves up by one degree, which could top again closer to the 2029 time period with an SC degree wave 3.
This chart is the exact same thing as the first chart, except it starts with SC degree wave 3, and this time the 5 waves following the 4th wave correction, will be 5 waves up in Cycle degree. This sequence would end at the now famous GSC degree wave 3 top. How long do you think that 5 waves in Cycle degree will last? Our present Cycle degree has been running for 85 years and it’s still not finished, so another Cycle degree set of 5 waves could push us to the year 2071 before we ever reach any GSC degree wave 3 top.
The third set of this idealized chart would get us to a Submillennium degree wave 3, 100 years into the future. (2101) I see wave 2 bottom in Submillennium degree at the bottom of the Little Ice Age which only ended about 1850. They called it, “1800 And Froze To Death'” and in 1816 they had the famous, “Year Without Summer”.
The LIA has been documented very well by all the painters during that time, so pretending that it never happened flies against all evidence. The 1501 CME bottom of Submillennium degree wave 2 makes a better fit as that would sync better with the 30 year cycles.
The majority of wave analysts are already counting in SC and or GSC degree because they have never extended any wave 3 from the past.
The Elliott Wave Principle (EWP) is not about what you see in the real world, it’s all about what you’re “supposed” to see if all the 3rd waves are extended. The DJIA is the very best in displaying the extended waves but the majority have refused to do the homework needed to find them.
When was the last time we heard the wave counting experts say they have reviewed all wave positions from 1929 forward, and we are wrong!
This is the third chart in which I use the exact same template as the other two above, but this one outlines what a wave 3-4-5 in Grand Supercycle degree would count out when the third wave extends. I will still update the first two charts, with a name change, but you can print out all three of them and place them side by side in landscape, with our present Cycle degree on your left. SC degree in the middle followed by a GSC degree on your right. If we are lucky Submillennium degree wave 3 may come to fruition closer to the year 2101, which is also the 172 year anniversary date of the 1929 stock market peak.