Saturday, May 9, 2015

Peter Eliades & Chris Waltzek on GoldSeek Radio – May 7, 2015

by Chris Waltzek
GoldSeek Radio

Peter Eliades of Stockmarket Cycles, presents an intriguing scientific discovery – his work has uncovered a formula that appears to govern financial market mechanics, in particular, the US equities market. According to the findings, a particular angle of ascent or slope has lead to a market zenith for nearly 14 consecutive years. He presents the precise slope angle and a simple means to calculate the trendline (slope = 68.3 / 238 days = 0.28584) for virtually any forecasting chart. Since 2002, the market has failed to close over 1.1% beyond the trendline and then subsequently declined sharply. On Monday, May 4th, the model registered a key stock market top, with the proviso that no construct is perfect.
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