Just for fun so I can impress my friends lol

This is the S&P forcast according to history.


High is at the same ratio 2.54 of the 3/4 leg
A wave is at 1.27 ext of 4-5 and major resistance/support
I measured out (roughly) the timing from the bottom of the 4th wave

Crash 1 September 2017
Rebound Fall of 2019 when i graduate ayyee

This is just for fun history tends to repeat itself but just how closely i'm not sure.
Pretty confident in the overall wave analysis. Looking at these indices is like wave theory on training wheels. Good place to learn and forecast.

Comment:

Ok I'll add some fundamental parallels between now and then

The year before the crash in 2000 the fed began raising interest rates.
The fed here in 2016 has started these rate changes

The first correction if the same as 2000 should be held to the stock market and not too much will go wrong in greater society But the fed will be forced into another round of accomodative monetary policy And this will lay the ground work for the big boy crash

When to the market started recovering in 2002 (B wave)
the fed started rasing interest rates again around 2004

SO for the final shit show the C-wave
Inflationary policy brought on by the fed will now finally be apparent and they will be forced into a 1980's like policy of super high inflation busting rates

That C-wave in 2024 will be the worst economic time since the great depression... worse than 2008 because inflation is the worst of all malevolent economic forces. It attacks everyone (unless you are full into deflationary commodities and hate fiat) and it will be horrible.

I feel like my prediction is pretty specific and has historical and fundamental backing. Whats yours?

Comment:

This doesn't effect the analysis but my 1 and 2 legs on first bull run are fucked up and in the wrong spots