NASDAQ 100 (NDX) Spiral Calendar Update August 1st, 2014

Posted: August 2nd, 2014 under Predictions, Stocks.

Here is an updated spiral calendar chart for NASDAQ 100 (NDX) for August 1st, 2014. Please click on the chart to see the full HD-size chart.
There are two alternate Elliott Wave counts currently. The first is that we just completed a fifth of a fifth of wave Y of a double zigzag cycle wave b up from the March 2009 low.
This implies the downturn is the first move of cycle wave c down of an expanded flat supercycle wave a from the 2000 top in what many expect to be the major bear market of our lifetimes.
The alternate is that the dip is just part of a wave 4 and that a further push higher is required to complete the fifth of fifth of Y of cycle wave b.
An excellent analysis of cycle wave b has recently been posted on Daneric’s Elliott Waves together with daily EW updates.

If you don’t understand the chart – see the posts here and here .

August 1st, 2014 Spiral Calendar Predictions For NASDAQ 100 (NDX)

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1 Comment »

  1. i have three quality long term hits on 10/13/14, including an f31. what do you see on that date? thanks for your great work!


    Comment by humble1 — September 23, 2014 @ 6:46 pm

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