Seems to be in wave 3 of 5 to complete at 124 end of 2022, start of 2023 When 5 is reached, all markets (stock/crypto) should reverse and become bullish
Incorrect. The US dollar will go into a multidecade supercycle bull market where the DXY won't peak until at least 2031 (the year when the entire Fed's balance sheet of 9T is wiped off, if they continue the 95 billion a month rate). Feds will continue to raise interest rates at 75 bps well into 2023 and maybe even to 2024 (they most likely won't stop until they reach 20%). 2020s will become a deflationary year where all crypto will go to zero and stocks will see 95%-99% declines. Those with the most dollars will be the biggest winners.
jespergarm
⋅
@USDOLLARISKING, lets see. With the debt build, US will have to use the complete GDP to pay of those interest rates. I dont see that as realistic. This study is pure technical EW analysis
bowtrix
⋅
@USDOLLARISKING, your brain-dead comment reminds me of when an idiot on my idea to short energy stocks at the exact pico top screamed at me and told me that it was a "new supercycle" and that oil would go to $1,000 or some crazy stupid number... how well did that one play out for him? well, he lost big time.