ReallyMe

Seeing the S&P 500 with Different Glasses

If you look at the S&P 500 not in its home currency USD,
which is revalued and devalued according to the FED's needs,
but in the mixed basket of world currencies DXY
normalized with its average over the past decades of roughly 92
you get in my opinion a much clearer picture
of what is going on and what could come.
Comment: Not a nice Christmas? Do we have to touch this line again?

Comments

Great work
+1 Reply
ReallyMe Sinigdha123
@Sinigdha123, Thank you much, very kind of you
Reply
Awesome.
+1 Reply
ReallyMe vishweshwaran26
@vishweshwaran26, Thanks!
Reply
Nice angle, Great post - thanks for sharing!
+1 Reply
ReallyMe waterslide
@waterslide, You're welcome. I'm glad you find it useful.
Reply
So you assume that the previous cycle ended in 2009?
I agree it looks like we are in a B of ABC. but we could have finished a C in march in reality, with a big ABC from 2018 to 2020... We could also be in a ABCDE exapanding triangle difficult to say...
However, I think that the ABC of 2000-2009 was a 2 or 4. (likely a 4) of a grand cycle.

check these posts:
https://elliottwavegold.com/2018/04/sp-500-elliott-wave-analysis-17th-april-2018-grand-super-cycle/
https://elliottwave-forecast.com/stock-market/spx500-american-election-grand-supercycle/
they are a bit old but have been pretty accuate.
Reply
@guibl, Yes, for lack of knowledge about the future, I assume that at the moment. This is all speculation, to be honest, I don't like the Elliott Wave theory very much, too many interpretations, just as one could search for patterns in the clouds and be happy every time to have discovered a new "regularity".
Reply
How do you justify the different sizes on the two ABC's? Simply faster and more condensed in 2020?
Reply
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