The Dow Jones Industrial Average is Up Over 1000 Points Since Monday. Did Anyone Predict This Ahead of Time?

As far as I can tell, there were precious few market prognosticators calling for an imminent rally in the stock market just prior to this week’s surge. On the contrary, virtually all article writers and market technicians were projecting the market to move lower. As it turned out, the DJIA was up over 500 points on Tuesday, and is currently up over 1000 points for the week, and it’s only Thursday (June 6). Here’s highlights of my coverage of the DJIA and the VIX from my Sunday, June 2 Weekly “Counts” Webinar:

Trading Bitcoin with Precision Timing! (My calls on Bitcoin since late 2017)

In late 2017, the relentless parabolic move to upside in Bitcoin had caught the attention of the entire trading world. Since that time though, market participants have made OR lost a fortune during the one-year-long 84% crash of Bitcoin, depending on whether they were on the right side of the trade or not. The video below shows my analysis and projections for price movement in Bitcoin since late 2017.

Sid’s Monthly “Premium Plan” Webinar Recording – May 13, 2019

Here’s the link to the recording of Sid’s May 13, 2019 “Premium Plan” Webinar .The continued success of Sid’s momentum algo is covered, as well as the internal wave structure of the move to the downside so far in stocks this month. Additionally, Sid shows his current Elliott Wave & Hurst Cycles roadmap for Gold, Silver, and the Precious Metal Miners.

My Current Analysis of the S&P-500 by Sid Norris from ElliottWavePlus.com

From an Elliott Wave perspective, my top two wave counts are shown. The main count is that an incomplete expanding leading diagonal to the downside is underway starting at the September 21 all-time high. The alternate (shown with question marks) is that an intermediate degree (black) wave 5 to the upside commenced at the December 24 low.