Wednesday, February 10, 2016
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Analysis by Glenn Neely President NEoWave, Inc. Information contained herein is believed to be reliable, but the publisher cannot be held liable for errors or omissions. No specific advice can be construed from the following. The reader is solely responsible for all action taken.
S&P 500 INTERMEDIATE-TERM (released second Wednesday of every month)
(B)?
2400 e
b
c a
(III)
a
e x
a
x?
d
BEST-CASE SCENARIO (3-6 month X-wave followed by final rally)
a
1200
c?
c
d b
d
b
b e
(A)
Trend Next 3 Months: Down or Bo(oming
Monthly CASH Data
c
600 Jul-06
Jul-08
(highs & lows plo,ed in order)
Jul-10
NEoWave Logic:
Complex Correction (from black arrow) The price-time projection (blue rectangle) for wave-X, predicted 6 months ago, is so far proving almost exactly correct. The depth of wave-X is allowed to be a little more than shown but its lowest point should occur before the green vertical line is reached.
Jul-12
Jul-14
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NEoWave Analysis – WEEKLY Structure
My multi-century Wave count (last page of Mastering Elliott Wave) projects the Dow will exceed 100,00 (maybe even 200,000) by the year 2065! On this chart, wave-(A) ends far above its lowest point, which implies strength; wave-(B) is unfolding well above wave-(A)’s high, which also implies strength. Those signs of future power are essential in bringing my multi-century bull market scenario to fruition. For assistance, write to
[email protected]
NEoWave, Inc.
NEoWave Forecasting (Weekly plot) is transmitted the first NEoWave is Glenn Neely’s scientific enhancement of R.N.
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Wednesday of the month (except national holidays and NWi Elliott’s famous Wave principle. Through the application of
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this technology. Copyright © Feb-16 NEoWave, Inc.