Intro note: For decades, Wave forecasting expert Glenn Neely, founder of NEoWave, has been resolute and steadfast about his SUPER-BULLISH long-term forecast for the US stock market, never shying away from his optimistic prediction. Meanwhile, the orthodox Elliott Wave camp obstinately maintains their decades-long BEARISH projection as they persistently predict a doom-and-gloom collapse of the markets. Here is an exciting update on this topic. First, you'll read about Glenn Neely's 72-year, incredibly Bullish forecast for the Dow Jones, now known as his "Dow 100k" forecast. Next, read about the impending "UItimate Battle of the Bull vs. Bear." Be among the first Wave forecasters to learn about this Wave forecasting SHOWDOWN OF THE CENTURY as it unfolds!
November 24, 2020: The Dow closes above 30,000.
July 23, 2021: The Dow crosses the 35,000 mark.
May 16, 2024: The Dow rallies to 40,000.
September 22, 2025: The Dow reaches an intraday high of 46,447.
For many people, this is an unbelievable milestone.
But not for the Wave forecaster who is "super-Bullish": Glenn Neely.
These stock market all-time highs continue to surprise many Wave forecasters, especially those in the orthodox (traditional) Elliott Wave camp. However, Glenn Neely is NOT surprised. Many in the orthodox Elliott Wave crowd still cling to the idea that the markets will tumble down, down, down. While markets certainly do move up and down, Glenn Neely's super-Bullish NEoWave forecasts predict a continued, long-term upward trend. The continued accuracy of his astonishing, 72-year, long-term forecast is proof that NEoWave (advanced Elliott Wave) has a far more accurate track record than orthodox Elliott Wave.
Glenn Neely's "Dow 100k" forecast may be the longest stock market prediction ever published.
In 1988, Mr. Neely published a brazen 72-year Wave forecast predicting the US stock market would continually and exponentially escalate in the coming decades. The current market high indicates that his astounding long-term forecast is still on track!
Now, after 37 years, it appears this 72-year Dow Jones market forecast may be the most accurate long-term forecast ever published!
Mr. Neely points out that he published his long-term Dow forecast in 1988. When he recorded his video workshop in 1995, the Dow had not yet reached 5,000! (See the video below.)
"At the time, I was calling for a massive Bull market, projecting the Dow to get to 30,000 and then 40,000, and even higher over many years, and we are there now."
He says, "This three-decade-long NEoWave forecast is still working!"
Glenn Neely adds: "It's interesting to note that orthodox (traditional) Elliott Wave forecasters have basically been proclaiming 'end of the world' bear markets for nearly every one of the last thirty years. My long-term, super-Bullish outlook is a HUGE differentiator between NEoWave and the orthodox crowd. Currently, the Dow is about halfway through the longest vertical price advance drawn on the chart that I included in my 1988 forecast."
Neely, Glenn, 1995, "Glenn Neely: Elliott Wave for the Stock Market"
YouTube: https://www.youtube.com/watch?v=UxJ_MZK5LOA&list=PLzIufSBn0mTcDBNqu370UyyOUwskcRctc&index=4
Glenn Neely published an article in 1988 presenting his 72-year Wave forecast
He wrote in 1988, "This advance should last for decades, creating the biggest Bull market of all time (see Figure 6)." The graph below shows the market as he predicted decades ago.
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Neely, Glenn; Hall, Eric (1990-04-01). Mastering Elliott Wave: Presenting the Neely Method: The First Scientific, Objective Approach to Market Forecasting with the Elliott Wave Theory (2nd ed.). Brightwaters, NY: Windsor Books. p. 1. ISBN 978-0-930233-44-0
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"Stock Market Forecast to the Year 2060". elliottwaveforecast2060.com. Retrieved 2020-11-20
HEADS-UP WAVE FORECASTERS:
Watch as a decades-long SHOWDOWN unfolds between NEoWave and the orthodox Elliott Wave camp!
Here's the exciting situation that is unfolding: For decades, Glenn Neely has published super-Bullish forecasts for the US stock market (including his "Dow 100k" forecast). Meanwhile, the orthodox Elliott Wave camp seems to believe the US stock market is at the tail end of a 100- to 200-year-long Bull market and will begin hurtling downward, like a speeding train, toward a 1929-style crash.
"But they will be wrong!" says Glenn Neely. "The bearishness and pessimism will deteriorate in the next 2-3 years while the stock market keeps correcting AND recovering to new highs." He explains that his NEoWave forecasts consistently tell him that sometime in the next 2-3 years the stock market will begin its largest, most persistent, and incredibly powerful BULL MARKET OF ALL TIME into the year 2060!
The Ultimate Battle of the Bull vs. Bear!
This is showdown in the truest sense of the word as 2 Wave philosophies will be put to the test in the next 2-3 years! Mr. Neely states that he "firmly believe the orthodox Elliott Wave camp's long-term, gloom-and-doom Bearish outlook will be proven wrong, and NEoWave's long-term, super-Bullish outlook will be proven right."
He adds: "I predict the US stock market will reach a point where it will EXPLODE upward. Meanwhile, the orthodox Elliott Wave crowd will be predicting a COLLAPSE of epic proportions."
Watch for updates as this Wave Forecasting SHOWDOWN OF THE CENTURY unfolds!
