-Now that we have finished the 5th wave you can only expect a large drop in price. As seen in the chart, the top resistance of the in 1929, the 1st wave and 4th wave resistance both confirm MAJOR support at $31.
-These 5 are seen inside the white trend . We have been in this trend since 1955. We are now going to test the support in this trend which is a 26% drop. So at least we are dropping 25%.
-Now that we have confirmed we are in a trend and outside of this trend there is only one actual confirmed support on the 1 year chart. we can see that if we break out of the trend we have been in since 1955, the only support outside of this trend is the major support at $30
Is it worth opening a short for this if the USD becomes worth almost nothing? Will i even make money? is WW3 coming?
Think about what you're suggesting practically. The US economy would have to collapse to reach your target, not just a few banks or companies, but the majority of the companies within the S&P500.
There is no way the S&P 500 see's these lows again.