E Why The Stock Market Rallied So Fast

Next week, I’ll be writing about the wave structure from Dec 26- April 29 and what we might see in May on the downside before the market resumes higher into July.

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(Every 83-84 years, Uranus enters into Taurus for 8-9 years.  These periods have been marked in history by social revolutions, economic depressions, technological innovations; currency, banking and agricultural changes.  Our current period 2018-26 is one such period.)

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Gary Anderson 2 years ago Contributor's comment

2007-2009, close, real close, to doom. But better than Great Depressions.

Brad Gudgeon 2 years ago Author's comment

Yes, my sentiments exactly!

Gary Anderson 2 years ago Contributor's comment

No that the clown in chief is seeking tariffs again, all bets are off. If Wall Street wants to stop the madman, they need to take the market down. They have no other hope.

Alexis Renault 2 years ago Member's comment

How can I learn more about how Elliott Wave Analysis works?

Brad Gudgeon 2 years ago Author's comment

The best way, in my opinion, is to become a subscriber to my service. Also, buy the original works of R.N. Elliott.

Barry Glassman 2 years ago Member's comment

Is X-Y-Z your own term? I haven't heard that before?

Brad Gudgeon 2 years ago Author's comment

XYZ is like ABC only in an uptrend a bull flag where Y takes out the previous impulse. In a bear flag it is labeled WXY.

Brad Gudgeon 2 years ago Author's comment

The market looks toppy in here. A 10-12% pull back would not surprise me in the month of May.

Kurt Benson 2 years ago Member's comment

Yes, I agree.