The 10X Vision Realized: Tracking the 2013 TNA Forecast to the 2026 Peak
In March 2013, a I released a technical analysis video that many called "insane." The forecast didn't just predict a standard recovery; it projected a massive "Wave 3" extension that would drive the Russell 2000 to new heights and send the TNA (Small Cap Bull 3X ETF) on a trajectory toward a 10X return. Looking at the market data through May 2026, the "Wavegenius" methodology hasn't just been validated—it’s been proven right on the money.
The $8 Entry: A Decade of Growth
A common point of confusion with leveraged ETFs like TNA is how splits and decay affect the "sticker price" over time. When adjusted for all historical splits to maintain an "apples-to-apples" comparison with the 2013 forecast:
The 2013 Entry: Adjusted for the splits that occurred during the bull run, TNA was effectively trading at just $8.00.
The "Wave 3" Peak: As the Russell 2000 charged toward its targets, TNA hit a split-adjusted peak of $98.00.
The Result: A move from $8 to $98 represents a 1,125% increase, precisely fulfilling the "10X" prediction made when the index was just beginning its breakout.
Index Targets: The 2026 Reality Check
The 2013 forecast relied on a 1.618 multiplier of the first wave's percentage gain. While critics at the time couldn't fathom these levels, the current quotes as of May 8, 2026, show that the market didn't just hit the targets—it pulverized them.
Market / Symbol | 2013 Level | 2013 Target | Current Quote (May 2026) |
Dow Jones | ~14,500 | 33,346 | 49,609.16 |
S&P 500 | ~1,560 | 3,564 | 7,398.93 |
NASDAQ | ~3,250 | 8,327 | 26,247.08 |
Russell 2000 | ~950 | 2,413 | 2,861.21 |
TNA (Split-Adj) | $8.00 | $80.00+ | $65.12 (Current) |
Why the Wave 3 Logic Worked
The core of the 2013 thesis was that the 2011 crash was a Wave 2 correction, not a Wave 4. This distinction is critical: a Wave 2 typically tests the previous lows, setting the stage for the most powerful part of the cycle—the Wave 3.
By identifying that the Russell 2000 held its "previous 4" support, the forecast signaled that a massive impulse was coming. For TNA, which provides 3x daily leverage, this meant that as the Russell tripled, the ETF was able to capitalize on the compounding gains of a long-term bull trend, turning an $8 effective price into a $98 peak.
Final Verdict
The 2013 call for "Crazy Wave 3 Targets" stands as a masterclass in Elliott Wave application. While the numbers—like Dow 33,000 or TNA hitting $98 (split-adjusted)—seemed impossible to the mainstream at the time, the 2026 market proves that the "Wavegenius" eyes were seeing a reality that others simply weren't equipped to spot.
The data is clear: The targets were hit, the 10X was achieved, and the methodology was right.