Where Does The Index Go From Here
Updated
This is the plan based on the daily data tracking back to 1877 (my projected beginning of the Grand SuperCycle for you EW followers). Looking at a solid market top around the month of April 2022. I have charted the likely ups and downs to it. For now, looking at a near-term top around this Friday at noon which should begin a roughly 13-15 trading day drop of about 221 to 261 points. All other points are estimates for now.
I plan to update this path as we move through it. Wave 3 could provide great opportunities. After April 2022 will likely see many rough months, but have no fear as all-time highs will be back....eventually.
I plan to update this path as we move through it. Wave 3 could provide great opportunities. After April 2022 will likely see many rough months, but have no fear as all-time highs will be back....eventually.
Note
Just for clarification sake of the wave colors and numbers. I have the market presently in:Submillenium wave 1 (began in 1877)
Grand SuperCycle wave 5
SuperCycle wave 3
Cycle wave 1
Primary wave 5 (blue numbers in circles)
Intermediate wave 1 (magenta numbers in parenthesis)
Minor wave 5 (yellow numbers)
I have Minor wave 5 ending with Intermediate wave 1 this week. Forecasting Intermediate wave 2 to drop over the next 12-15 trading days after that which would have the bottom around December 9. Intermediate wave 3 will go up into March 2022 timeframe. Intermediate wave 4 would drop around the same length as Intermediate wave 2 and then Intermediate wave 5 will end with Primary wave 5 and Cycle wave 1 around April 2022. The preceding drop for Cycle wave 2 would likely see a drop into summer 2022, but then Cycle wave 3 will see the market soar for quite sometime.
All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
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