• 5 days Quantum Computing Is The Newest Megatrend In Silicon Valley
  • 6 days How To Invest In The Cybersecurity Boom
  • 8 days Investors Are Patient With Unprofitable Giants
  • 10 days Wells Fargo Back In The Scandal Spotlight Once Again
  • 12 days 5 Stocks To Keep A Close Eye On This Year
  • 13 days As Auto Giants Flail, Look To Chip Stocks For Gains
  • 14 days Central America Is Ready For The Bitcoin Hustle
  • 16 days China’s Video Game Restrictions Unlikely To Slow Down Booming Industry
  • 17 days Top Performing Stocks As Inflation Fears Grow
  • 18 days US Airline Stocks Take A Beating On New EU Restrictions
  • 19 days This IPO Could Open Sustainable Fashion Floodgates
  • 20 days Crypto Crime Nets Another $2B Fraudster
  • 22 days This Week’s Hottest Meme Stocks
  • 23 days Why World Markets Should Be Watching Germany Closely
  • 25 days Could ‘Cultured’ Meat Rival The Plant-Based Megatrend?
  • 28 days ‘Easy Money’: Crypto Is Still Attracting Newbie Investors
  • 29 days Foreign Syndicates May Have Stolen Up To $400B In COVID Benefits
  • 30 days Gold Jumps Above $1800 Ahead Of Jackson Hole Summit
  • 30 days International Banks Blacklist Afghanistan Following Taliban Takeover
  • 32 days China’s Tycoons Are Getting A Serious Reality Check
Brad Gudgeon

Brad Gudgeon

BluStar Market Timer Investment Philosophy: The stock market is currently in a technical Elliott Wave Bear Market Rally. It has been exhibiting A-B-C type waves…

Contact Author

  1. Home
  2. Markets
  3. Other

Stock Market, PM Stocks Forecast 2017-2022

Two weeks ago, I was looking at a possible 2330 SPX by year’s end. By December 23rd, I told my subs to expect a rally into December 27, and then a bottom near December 29th, somewhere between SPX 2238-52. The SPX closed at 2238 on the December 30th, after tagging 2233/34.

I believe we have one more sub-minuette 5th wave rally left to 2322/23 by or around January 6th and then a drop to near 1991/92 by around March 16 (there is a major Bradley due March 16th, which fits better for a low than March 21, IMO). New highs by September/October 2017 should lead a to nasty "Z Wave of Primary Wave 4" bear market in 2018. The final fifth wave could be stretched out until early 2020 giving us a possible three years left before the great reset begins.

S&P500 E-Wave Daily Chart
Larger Image

The miners had a key reversal on Friday, which points to some currency issues around January 9-12 (and a higher dollar with lower PM prices). Mercury Stationary/Direct on January 8th should lead to a key reversal in the metals on the 9th, then down into January 12th.

GDX Daily Chart
Larger Image

Overall, I believe the miners are coming into a major low in mid March, with the metals due in mid February. We may be in for a sideways basing period soon that should launch higher into the September/October 2017 time zone. I may be wrong, but I still believe these expected rallies will end up being nothing but bear rallies until we go below $700 an ounce gold and $9 an ounce silver. This may not occur until 2022. The expected stock market reset low may not occur until 2022, also.

 


Subscription website to our thrice daily updated newsletter: www.blustarmarkettimer.info
Periodically updated blog: www.blustarmarkettimer.com
Weekly Newsletter Countdown: www.eaglesoveramerica.com

 

Back to homepage

Leave a comment

Leave a comment