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nagihatoum
Aug 27, 2020 11:11 PM

SPX will reach 6000 Long

S&P 500 IndexTVC

Description

Stocks are going hyperbolic, not because of a healthy economy but because of unbounded inflation and QE infinity. 1929 will look like a firecracker when this explodes.

Comment

breakout of widening wedge

Comment

SPX is still within the parabola
Comments
axelrodd
Everything is going parabolic, this is not the year 2000, this is the year 1920, holy molly, it could as high as 8000
f-73
Nice one, mate.

A blow-off top in not out of question, indeed.
nagihatoum
@ft-73, Thanks man.
X3EM
Love hyperbolics. Totally agree on ATH on SPX soon. Wave 3 FOMO up
nagihatoum
@X3EM, Here we go, spx broke out of its downtrend today.
kcimini
Well done
nagihatoum
@kcimini, Thank you sir.
ofcoursebutmaybe
Elliott wave count? The 3 and 4 wave doesn't seem to make sense?
nagihatoum
@bsunstream, it is not EW. first widening cone had 4 touches, same with this one, 7 if you count small touches at the beginning.
jessyfuchs
maybe your upper wedge isn't well drawn
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