Dow Jones Elliott Wave Weekly Update - Sunday, Nov 2

Technical Analyst & Trader • Nov 2, 2025 at 2:00 AM EST

In this video, I discuss the progression of market cycles and the potential for a significant correction after completing Cycle Wave 3, noting that Cycle Wave 4 would exceed previous market declines and form three waves of primary degree.

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In today's podcast, I provide Elliott Wave analysis of the Dow Jones Industrial Average, explaining the current market position in terms of Grand Supercycle, Supercycle, and Cycle waves, with the market preparing to complete Cycle Wave 3 of Super Cycle Wave 3 of Grand Supercycle Wave 3.

I discuss the progression of market cycles and the potential for a significant correction after completing Cycle Wave 3, noting that Cycle Wave 4 would exceed previous market declines and form three waves of primary degree.

I emphasize the importance of understanding these waves to better predict market movements and discuss the potential for a significant market decline triggered by various factors, while expressing hope for market support despite the risks.

Video Length: 00:38:54

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