The previous 2 analysis (refer here and here) were research on when the current Elliott Wave cycle which started in 2009 will hit its peak and when will be the next trough — the start of another Elliott Wave cycle of Primary degree.  Having that timeframe being worked out — potentially peak at 2018 or 2019, another financial crisis and recession in 2019 or 2020 and finally the trough at 2020 or 2021, this framework shall be used to analysis for potential peak value for this Elliott Wave cycle.

Have mentioned before STI is now in the wave 3 of the Elliott Wave cycle of Primary degree, knowing the various checkpoints of wave 1 and wave 2 will be able to predict the outcome of wave 3, wave 4 and wave 5.  This is so as in Elliott Wave, the 5 waves are well defined by …