The final part of the puzzle is overlaying a chart pattern that lines up with your fundamental view. Once all ducks are in a row (Macro, Economic, Bottom-Up analysis) we can look to Elliott Wave to help us to enter a trade at a low-risk entry point and take advantage of a high probability trade opportunity.
I plan on buying a call on spy when it hits 180.5, It has support levels that go back over a year many times it has bounced off this level. I do not think we will end up dropping below this level but not at first. I plan on buying a call at 180.5 with a .20 trailing stop loss
In this video, I explain the basics of using Fibonacci, time application and geometry to predict the future.
TLDR: SP500 will hit 3045 and while it could reject here, it looks quite bullish and 3307 is worth betting on.
The rising wedge will break and we could see a December style dip around late April, early May 2020.
Getting to 3300 could be a slow melt up...