SPX and DJI exhibiting textbook boom/bust cycle behavior while the DXY (USD) suffers among the churning of political turmoil in the background. Hope for the sake of many this doesn't occur but from a pure charts perspective it looks possible.
what makes you see it as depression and not a normal bear cycle ?
jeffreyjim
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I think your "post - comments" have a 66.7% or better chance of coming true.
The final timing is the hard part. My opinion it will start no later than the end of 2020.
The January, 2018 high could also be the end. I also think the 2018 high could be the end of Wave 3 from March, 2009 low.
With Wave 4 and Wave 5 left to complete. Other Wave Counts do exist.
2019 should be the best year for the final high. -- 90 yr Anniversary -- 1929 Crash
This is for information only. Just sharing my thoughts,
"One Eye Jim"