Dr_Roboto

S&P 500 Grand Supercycle waves since 1872

SPCFD:SPX   S&P 500 Index
Another idea to not take to seriously. It was a weekend project. However, looking at such a large timeframe really puts things in to context. Note that price is on the log scale and the Fib Levels on the left are also log, but the smaller time frames are linear.
Comment: Please don't focus on the future. I should have just left that out. The fun and interesting parts is how the S&P has evolved over the last 100+ years.
Comment: Note the rising wedge pattern and that the invention of the internet causes the dot com bubble to jump out to the upside, but the crash after the housing market crisis corrects it back.

Even more interesting, is that since 2009 we are in a new breakout rising wedge. It also may give us a support and resistance trend lines to look at in the future. The Grand supercycle waves seem to fit the Elliot Wave personalities (https://elliottwave-forecast.com/elliott...)

Comments

Awesome, a crash in 2047, right as I get close to retirement age. Looks like I better get used to the taste of canned dogfood now.
+2 Reply
kishnara WTFpattern
@WTFpattern,1600 at 2047 is too bold prediction. That essentially means, that we'll not have any growth for 30 more years.
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WTFpattern kishnara
@kishnara, i just followed out his theoretical abc corrective wave. I was mostly aiming for humor with my comment. All of this will be shattered by UBI and the eventual takeover by AI
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kishnara WTFpattern
@WTFpattern, That will be true. AI will take over. Few humans will do the work and rest will survive with UBI.
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kishnara WTFpattern
@WTFpattern, Also, no one can predict the market even for next day forget about 20 to 30 years from now.
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Dr_Roboto kishnara
@kishnara, the prediction is just BS. The interesting part is how history unfolds, yet Elliot Waves help model it. Prediction not so much. The hard part is that it is a log scale, which makes things at the right hard to make sense because a little change can be a large change in value.
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Dr_Roboto kishnara
@kishnara, Markets do not always go up. Here are jut a few examples of long times frames the make almost zero upward progress in the grand superscale bull market trend, even though there are bull and bear supercycle markets inside those years.
1) 1901-1925 (24 years)
2) 1967-1982 (15 years)
3) 1996-2009 (13 years)
+1 Reply
ProfitHarvest WTFpattern
@WTFpattern, Beat me to it haha
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Good Job Man.

wish you all the best.
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