Sunday, March 10, 2019

AEX Elliott Wave Musings

My current Elliott Wave count assumption is that we are in Supercycle Wave 5.

A Supercycle Wave 4 manifested itself during the 2000-2009 period.

Since then we have been in Cycle Wave 1 of Supercycle Wave 5.

Guesstimates as to where the Primary Waves of Cycle Wave 1 of Supercycle Wave 5 have ended 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 2018.

Cycle Wave 2 of Supercycle Wave 5 may have started. The hypothetical time horizon on the remainder of Cycle Wave 2 is mid 2021. Ideally Primary Wave A around mid 2019 targets approximately 430, Primary Wave B around mid 2020 targets approximately 525 and Primary Wave C around mid 2021 targets approximately 385.

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 Strategies which are explained at the bottom of this blog. Please also read the disclaimer there.