The Market Trend Forecast includes short, intermediate, and long-term market trends and market forecasts. Market forecasts are provided mostly for Gold, Silver and the SP500 indexes. On occasion, you will receive market forecasting for Canadian indices, some foreign indices like the Shanghai Index in China, The HUI Gold Index, Emerging Market Indexes, and various sectors of the markets will be provided when warranted. A key component is utilizing Elliot Wave theory for the best in stock market prediction and market trend analysis.

 Elliott Wave Analysis


Market forecasts are made using proprietary Elliot Wave analysis coupled with technical indicators and other pattern recognition methods as developed by David Banister, our Chief Strategist. David’s amazing work on Gold Forecasts has been profiled on with Alix Steel, Jon Nadler at, and multiple websites due to his accuracy. David believes that markets move based on crowd psychology as evidenced by Fibonacci fractals, wave patterns, gold wave patterns and sentiment. David uncovers the clues and finds the probabilities to help with forecasting key pivotal moves at tops and bottoms of market trends. (need quote here to italicize).



Unlike other market forecasting letters and online services, David is very clear on his forecasts. The Market Trend Forecast provides specific pivot points, reversal areas, and top and bottoming forecasts in all facets of the markets covered. TMTF will also review historical market action to determine if there are factors relating to the current markets that may come into play. TMTF will also discuss counter-intuitive ways of viewing the market technical action and market trend analysis. We will look at topping indicators and bottoming indicators most services do not discuss concerning the technical analysis of stock trends. We will provide links to articles or commentaries that we believe are important to read as well. In short, we will keep you very well armed and prepared for potentially major short term to intermediate term moves that you can profit from and protect yourself with. (Let’s get some links in here to show examples from our site).


Mike Swanson interview with Chief Strategist Dave Banister on his market forecasting methods.

You can also download the mp3 audio filed on your computer by clicking here.

Our forecasting track record and samples of our work are available at and also on this site on the preview section.

Recent Comment on our Gold Forecast from Jon Nadler of

Others focused mainly on chart data and concluded that not only has a top been put into place in gold but that –inevitable upward corrections notwithstanding-the metal is headed for significantly lower value zones. One such detailed analysis –made just three days prior to yesterday’s bloodbath-is certainly worthy of the ‘replay’ button being pushed (maybe several times even) in the wake of the Thursday cave-in. Active Trading Partners’ David Banister appears to have been among the very few who rang the alarm bell prior to the conflagration in the market.
Jon Nadler- Chief Commentator- Kitco.Com July 2nd 2010


Sample TMTF Forecast on Gold: Click Here

(TMTF advised to short from 1862-1907, then covered at $1724 3 days later!!)


“I have known David Banister for years and his ability to forecast is excellent. We have been pleased to post links to his new service and expect them to remain consistently accurate.”Bob


“As an avid reader of David’s frequent articles, and as a fellow forecaster who exchanges ideas with him, I am constantly impressed with the depth of his analysis and the quality results that he consistently  produces both in terms of profitable trades, and broad-based forecasts.  David is a well versed student of the markets and his service is an important arrow in the quiver of both the active trader, and the retail investor.” 
J. Derek Blain – Head Forecaster –

 Elliott Wave Analysis

What You Will Receive As A Subscriber:

  • SP500, Gold, and Silver forecasts on a regular basis during the week
  • A minimum of 4-7 Updates per week delivered via Email Alert and with Posts online
  • Regular chart updates with notations and forecasted pivots in advance
  • Elliott Wave interpretations and tutorials
  • Video Screencasts on SP 500, Gold, and Silver forecasts
  • Sentiment Indicators and Charts with analysis
  • Intra-day updates and commentary on Gold, Silver, and SP 500 when warranted and during volatile periods
  • Immediate notification of articles published by David Banister
  • Tradeable ideas to short or go long SP 500, Gold, and Silver
  • This is not a trading service per se. You may subscribe to if you’d like, also run by David. Alternatively, may also subscribe to if you like Trading Advisory services


Recent Forecast Samples and Results:


August 2013: Dave forecasted the market had peaked at 1710 on the SP 500 and would enter a major corrective period. The SP 500 corrected some 64 points from the highs following the top call.
Jul 2013: Dave stuck his neck out and publicly called for a major cycle low in Gold at 1181. Very few were willing to call for Gold to go higher at the time, but his work using Elliott Wave theory combined with cycles and technicals, and Fibonacci pivots bore out the truth. Gold rallied $200 in the next 7 weeks after his forecast : Click Here.
July 2013: Dave suggested that the “Inflation” plays were your friend in the market. The Coal, Gold, Copper, and Shipping stocks had been under pressure for a very long time, but the forecast was for money to rotate into these sectors. Samples including ANR, FCX, and others were given. The sectors and stocks all rallied sharply in the following weeks.
August 2011- David forecasted a likely bottom in the SP 500 between 1096-1100 right after the Standard and Poor’s Debt Downgrade news came out with the SP 500 at 1198. The SP 500 bottomed at 1101 that same week, and David stuck with his bottom call the whole way through. Among his public articles were “Bears yell fire in empty theater” which was widely read.
August 2011- David warned in advance of a coming Top in Gold and advised his subscribers to reduce, hedge, or short positions at 1862, 1880, and 1907 pivots. Gold topped at $1910 and fell $155 an ounce in under 48 hours from his top call. Subscribers profited by holding DZZ which shorts Gold at 2x leverage. David had an article on warning of a major correction in Gold 1 day before the crash.
In the late summer of 2010, David forecasted a run in the SP 500 to 1220 when it was below 1080 for his subscribers. Once the SP 500 hit 1227, David then forecasted a sideways to down chopping market for awhile. TMTF had our subscribers riding the market up the entire way from 1074 to 1227 and the entire time advised against shorting the rally.
In late August 2010, David forecasted an explosive move up in Silver. At the time, Silver was at $18.73 per ounce, and his chart and target specifically predicted $29 per ounce. About 10 weeks later, Silver hit $29.00 on the nose and then pulled back. A stunningly accurate forecast.
In Mid April, David wrote an article for predicting a top in the Markets and an A B C correction would begin to unfold. The SP 500 dropped from 1221 to 1040 over the next several weeks.
In late June, David forecasted on TMTF and and TheStreet.Com that Gold was peaking and would drop materially. Gold dropped $50 an ounce the following day and David remains bearish intermediately on Gold.
In late February 2009, David was one of very few market strategists to turn bullish on the markets with an article on He forecasted that the market was about to turn bullish and nobody knew it. He outlined several reasons why using counter-intuitive methodology and Elliott Wave based charts. The Markets all ralled for the following ten months, reaching Dow targets David outlined 10 months before they were hit.
In August of 2009, David predicted a massive move up in Gold and Gold stocks with a 321Gold article. At the time Gold was near $900 and he predicted $1225-$1375 as the next top. The HUI index rallied nearly 40% in the next 4 months and Gold ran from $900 to $1220.
In early December of 2009, David predicted for his ATP subscribers a drop in Gold to about $1,070 US for a pivot bottom. Gold bottomed twice in the next 60 days right near $1,070.
On January 18th, 2010, David wrote an article and forecast that all conditions for a major market top were now in place. The indices all peaked the following day and the DOW dropped 800 points in the next few weeks.



 Elliott Wave Analysis