Hello everyone,
At this moment we are in N -> O retracement that may take another 2 weeks.
Next move O -> P will be close to the top of the market.
Subsequently, R -> S move will be the last upward move before the crash.
The stock market crash is approaching fast and according to my calculations... mid-2019 will reach the final top on SPX.
At this moment we are in N -> O retracement that may take another 2 weeks.
Next move O -> P will be close to the top of the market.
Subsequently, R -> S move will be the last upward move before the crash.
The stock market crash is approaching fast and according to my calculations... mid-2019 will reach the final top on SPX.
Trade active
The plot is still active... since February :]Trade active
The plot is still active and surprisingly accurate."Robert Shiller: Look For One Final Surge In Stocks Before The Crash"
zerohedge.com/news/2018-09-14/shiller-trumps-business-oriented-policies-will-help-us-stocks-power-higher
If R. Shiller is right then it would be exactly as I predicted!
Note
I believe we are in a bead market already, the Greatest Depression will be announced in a few months time. This chart confirms that:
Note
So far so good, pattern analysis seems to work pretty nicely, only the timing is a bit off. Anyhow, we just completed a 'U' wave and soon there should be a downward move towards 'V" scenario. Very similar to my most recent scenario:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.