Ameican Stock Market Grand Supercyle, 9 Waves from 1789 to 2200s
Unfortunately Tradingview doesn't have the complete historical chart of American stock market dating back to the 1830s or even 1790s, the age of Philadelphia "Board of Brokers". I'll try to explain briefly here:
www.chartertrust.com...tock-market-history/
1790s to 1835: 1st Wave
1835 to 1842: 2nd Wave
1842 to 1929: 3rd Wave
1929 to 1932: 4th Wave
Now is the important part:
1932 to now and the next 1-2 centuries: the GIGANTIC EXTENDED 5th Wave, which is comprised of 5 major waves, each similar in length to the previous 4 Waves. Therefore the gigantic bullish run from 18th century to 23rd century should be divided into 9 Waves, not just 5 Waves. Some people have worried that 2000 is the end of Wave 5 of Wave 5, possibly leading to unprecedented crashes which would never be regained in a couple of centuries, comparable to the Dark Ages after the collapse of Roman Empire. History proved them wrong, the only viable explanation is that this Wave 5 is super extended, and the Grand Supercycle starting in 18th century is better described as a 9 Wave structure.
Therefore:
2000 to 2009: 6th Wave correction
2009 to 2070s or 2090s: 7th Wave
Late 21st century: 8th Wave correction
Late 21st century to 2100s or 2200s: Final 9th Wave, with crazy inflation to pay for the expanding American Empire's always expanding bureaucracy, like what the Roman Emperors did.
I put the Final end in the 2200s, assuming the future American Empire would have a similar lifespan to the ancient Roman Empire. If so, the American Empire would have its 3rd Century Crisis in the 2200s. Of course, with the modern society being much faster in many aspects, the future American Empire might start having big trouble earlier, possibly in the 2100s. I have to say this is not entirely fantasy, considering the rise of Donald Trump, some of his supporters being from the neoreactionary movement, and some of those neoreactionary people considering military dictatorship in the Roman fashion as a favorable alternative to Democracy. Of course they will take a long time to hold more political power, therefore I say the USA might only become a true caesarist or neoreactionary Empire in the end of 21st century, or the beginning of 22nd century, annexing Canada, Australia, the UK and some other countries.
Back to the smaller picture, DJI has finished its Wave 4 correction of the Wave I of the 7th Wave, 50000 in 2022 or 2023 is a reasonable target for Wave 5 of Wave I. I put the end of Wave I at 2022 or 2023 according to Wave theory, and also the demographic cycle of USA. With the ever diminishing American birth rate and tightening of immigration intake and unfavorable trade conditions and the Artificial Intelligence bubble, Wave II might be some huge crashes in 2023 and 2024. I will elaborate more on this in the next article.