my conclusion for s&p 500 for final bull run wave 5
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I was staying on cash for awhile. I wanted to short the market before the end market is over.
However I decide to belive the bullish pattern for now.
I don't saying that this will create full blowing scale bull's move.
But few more steps more to go.
You could feel that I wan confused also. Most people would get mixed up signal also.
I had some good sleep and meditation.
Finally I came up with this idea.
Sorry for the mixed signal. I don't think economy will last forever with this high inflation and pce data.
However FED will increase only 25bp in march.
So this hype will last until 22nd of March.
After Fed shows some dovish decision, people will think that we won the inflation but this could be the last bull run.
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4250 is my target. despite the pce data.
FEd will raise only 25bp rate
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elliot wave 5
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Keep bullish
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don't be afraid. economy is strong. great reset won't start until april.
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buy
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spx would show some similar move of Dec 20th to Jan 4th. earlier previous pattern. coiling just moving away the same spot for some period to obtain more energy.
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Bull
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Do not short the market until end of march
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don't worry
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heaven's got a plan for you
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bull!!
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Do not short ther market yet...Bull's power is super strong
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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.