Monday, December 26, 2016

AEX Elliott Wave Musings

My current Elliott Wave count assumption is that we are in SuperCycle (V). I have discarded the SuperCycle (IV) possibility.

A SuperCycle (IV) a_b_c Corrective Wave manifested itself during the 2000-2009 period. Since then we are in Cycle I of SuperCycle (V).

Guesstimates as to where the Primary Waves of Cycle I of SuperCycle (V) have ended or might end are as follows, Primary Wave 1 in 2010, Primary Wave 2 in 2011, Primary Wave 3 in 2015, Primary Wave 4 in 2016 and Primary Wave 5 in 2017. In that vision Cycle II of SuperCycle (V) is expected to bottom in 2021.

Don't hang your hat on this kind of analysis. It will be wrong more often than not. It is only a human and therefore feeble attempt to create some order out of random market movements.

I don't trade or invest according to these views. For that purpose I only use the Trend Trade & Investment Principle which is explained at the bottom of this blog. Please also read the disclaimer there.