Hello everyone,
At this moment we are in N -> O retracement that may take another 2 weeks.
Next move O -> P will be close to the top of the market.
Subsequently, R -> S move will be the last upward move before the crash.
The stock market crash is approaching fast and according to my calculations... mid-2019 will reach the final top on SPX.
At this moment we are in N -> O retracement that may take another 2 weeks.
Next move O -> P will be close to the top of the market.
Subsequently, R -> S move will be the last upward move before the crash.
The stock market crash is approaching fast and according to my calculations... mid-2019 will reach the final top on SPX.
Trade active:
The plot is still active... since February :]
Trade active:
The plot is still active and surprisingly accurate.
"Robert Shiller: Look For One Final Surge In Stocks Before The Crash"
www.zerohedge.com/ne...-stocks-power-higher
If R. Shiller is right then it would be exactly as I predicted!
"Robert Shiller: Look For One Final Surge In Stocks Before The Crash"
www.zerohedge.com/ne...-stocks-power-higher
If R. Shiller is right then it would be exactly as I predicted!
Comment:
I believe we are in a bead market already, the Greatest Depression will be announced in a few months time. This chart confirms that:
Comment:
So far so good, pattern analysis seems to work pretty nicely, only the timing is a bit off. Anyhow, we just completed a 'U' wave and soon there should be a downward move towards 'V" scenario. Very similar to my most recent scenario:
