NY Dow Long-Term Count

2026.05.09

🌐 日本語版 →

“NY Dow Long-Term Count” is a Supercycle-degree count case study of the NY Dow starting from the 1932 Great Depression low. The NY Dow shows movement to which Elliott Wave appears to apply even over a period of nearly 100 years, and is treated as a representative example showing that Elliott Wave holds for stock indexes over the very long term.

Overview: NY Dow’s Long-Term Wave Structure

The NY Dow is an index with over 120 years of history, and its long-term uptrend continues reflecting the growth of the US economy. An uptrend over such a long period can be read as a wave structure at the highest degrees of Elliott Wave (Supercycle / Grand Supercycle degree), and is a representative case showing the validity of Elliott Wave on stock indexes.

Viewed on a long-term chart, the dynamic rise over the decades following the 1932 Great Depression low as the starting point is considered to be organizable as a Supercycle-degree upward impulse.

Major Turning Points

1932
Great Depression low — Supercycle-degree count starting point
The Supercycle-degree upward impulse is considered to have begun from here.
2020
COVID Shock low — Near wave (IV)
A leading count alternative interprets wave (IV) as positioned near this area.
2020–present
Wave V of Supercycle wave (III) in progress
At present, the leading interpretation is that wave V of Supercycle wave (III) is in progress.
📌 Currently Leading Count Alternative
The interpretation that wave (IV) is near the COVID Shock low (2020), and wave V of Supercycle wave (III) is currently in progress. The Supercycle-degree upward impulse starting from 1932 has likely not yet completed.

Detailed Points

  1. The NY Dow shows movement to which Elliott Wave appears to apply even over a period of nearly 100 years

    The NY Dow is an index with over 120 years of history, and shows movement to which Elliott Wave appears to apply even over the very long span of nearly 100 years. This is a powerful concrete example of the validity of Elliott Wave on stock indexes.

  2. The Supercycle-degree upward impulse is considered to have begun from the 1932 Great Depression low

    Starting from the Great Depression low (1932) following the crash that began in 1929, the subsequent long-term uptrend is considered to be organizable as a Supercycle-degree upward impulse.

  3. Currently leading count: Wave (IV) is near the COVID Shock low (2020), with wave V of Supercycle wave (III) currently in progress

    The currently leading count alternative is the interpretation that wave (IV) is positioned near the COVID Shock low (2020), and wave V of Supercycle wave (III) is currently in progress. It is judged that the long-term wave is likely still in progress toward completion.

  4. A representative example embodying the principle that Elliott Wave holds for stock indexes no matter how long-term

    This long-term count of the NY Dow is a representative case embodying the Elliott Wave principle that Elliott Wave holds for stock indexes no matter how long-term (→ contrasting with Application Limits of Elliott Wave for FX and Commodities).

Supercycle / Grand Supercycle
The highest-class wave degrees in Elliott Wave Theory. The NY Dow is treated as a Supercycle-degree upward impulse from 1932.
Multi-Market Correlation Analysis
A method that confirms count consistency by comparing multiple markets such as the Nikkei Average and NY Dow.
Depth of Corrective Wave (Previous Fourth Wave)
The correction of wave 4 in an impulse tends to target the range of subwave 4 of the previous wave (wave 3).
Wave Degree
The hierarchy of wave size in Elliott Wave Theory. Supercycle degree corresponds to waves on the scale of decades.

Summary

NY Dow Long-Term Count is a Supercycle-degree count case study starting from the 1932 Great Depression low. The NY Dow shows movement to which Elliott Wave appears to apply even over a period of nearly 100 years, and is a representative example showing the very-long-term applicability for stock indexes.

The currently leading count alternative interprets that wave (IV) is near the COVID Shock low (2020), and wave V of Supercycle wave (III) is currently in progress — the Supercycle-degree upward impulse starting from 1932 is considered likely still in progress toward completion.

📖 View details in the dictionary app →