Cryptoholics_Anonymous

Clear view on stock market prediction from 1990's

Short
TVC:SPX   S&P 500 Index
Elliot wave theory puts us in an impulsive 5 wave! I believe we finished a 3rd Elliot wave in a higher cycle with the last 5 wave impulsive. The crashes in 2008 and 2000 were an abc corrective of Elliot 2nd wave. March was the first leg of abc correction that still needs the c wave to finish down! so we are going to take another dip near march prices and another swift recovery to the end of 5th wave target! If I am correct when we finish this wave out there will be a .50 Fibonacci retracement/correction to the prices of the highs of 2008!

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