This is an SPX chart from 1872. A 150 year old chart.
As you know, I am the Elliott Wave Jedi.
So, I took the liberty of labeling this SPX500 chart.
There's only one thing I can say:
"SNP500 is preparing for a BIG Drop, a Market Crash".
My Wave Count suggests that a major Bearish Swing is starting, or will start soon.
The 2009 lows are inevitable. Price Action will be drawn there like a magnet.
Calling all Autobots!
( SPX , SPX500 , SPX500USD , SPXUSD , US500 , SP500 )
A Recession is due and bigger events will crash the markets globally.
* Some more details in the related ideas.
Fundamental Analysis & Facts:
* Fear vs Greed: VIX (Volatility Index)
It will spike!
* US Consumer Confidence Index: USCCI
People are worried about the future.
* US Inflation Rate: USIRYY
War is coming.
* US 10y Yields: TNX
The 40y Downtrend Break-Out
* US 10y Bonds: USB10YUSD
Bonds Rush, Investors & Fear
Technical Analysis: Elliott Wave Cycles
The Wave Count tells me that a Major Degree is ending, in this case it's the SubMillenium Wave 3.
If you are good at counting waves, then you can see that as well.
The Elliott Wave Time Degrees are on the chart.
Levels I am watching: $4500 & $6500.
IMO, SPX has already started the Recession Bearish Swing, so I am already treating the ATH as the actual top.
In case of another ATH, then this will mean that the current position was a SuperCycle (IV).
After the last 5th, SPX will surely drop, from around $6500 back to $1100.
However, as I said: "I believe the Markets have topped, and that the Recession has started".
Check out a close-up: 2009-2022 Elliott Wave Count.
I am shorting the Markets.
Good luck guys and many pips ahead!
Richard, the Wave jedi.
P.S. Props to @TradingView for providing this 150y old chart.
As you know, I am the Elliott Wave Jedi.
So, I took the liberty of labeling this SPX500 chart.
There's only one thing I can say:
"SNP500 is preparing for a BIG Drop, a Market Crash".
My Wave Count suggests that a major Bearish Swing is starting, or will start soon.
The 2009 lows are inevitable. Price Action will be drawn there like a magnet.
Calling all Autobots!
( SPX , SPX500 , SPX500USD , SPXUSD , US500 , SP500 )
A Recession is due and bigger events will crash the markets globally.
* Some more details in the related ideas.
Fundamental Analysis & Facts:
* Fear vs Greed: VIX (Volatility Index)
It will spike!
* US Consumer Confidence Index: USCCI
People are worried about the future.
* US Inflation Rate: USIRYY
War is coming.
* US 10y Yields: TNX
The 40y Downtrend Break-Out
* US 10y Bonds: USB10YUSD
Bonds Rush, Investors & Fear
Technical Analysis: Elliott Wave Cycles
The Wave Count tells me that a Major Degree is ending, in this case it's the SubMillenium Wave 3.
If you are good at counting waves, then you can see that as well.
The Elliott Wave Time Degrees are on the chart.
Levels I am watching: $4500 & $6500.
IMO, SPX has already started the Recession Bearish Swing, so I am already treating the ATH as the actual top.
In case of another ATH, then this will mean that the current position was a SuperCycle (IV).
After the last 5th, SPX will surely drop, from around $6500 back to $1100.
However, as I said: "I believe the Markets have topped, and that the Recession has started".
Check out a close-up: 2009-2022 Elliott Wave Count.
I am shorting the Markets.
Good luck guys and many pips ahead!
Richard, the Wave jedi.
P.S. Props to @TradingView for providing this 150y old chart.
Comment:
VIX ready for the spike.
Trade active:
All is ready for the SPX Crash.
VIX is gonna' jump for the FEAR Sentiment.
Shorters getting ready.
VIX is gonna' jump for the FEAR Sentiment.
Shorters getting ready.
Trade active:
MARKET CRASH SHORTS ADDED
Comment:
Comment:
SHORTING AGAIN
Trade active:
SPX MARKET CRASH OFFICIALLY STARTED!
More details on my Weekly Chart & SHORT TRADE:
More details on my Weekly Chart & SHORT TRADE:
I hope it's like '87.