imdouce

Long Term Wave Analysis S&P 500

imdouce Updated   
SP:SPX   S&P 500 Index
This is my yearly Elliot wave count. As you can see, long term investors have about 10 - 15 years left before the general rule that the stock market always goes up over time will no longer apply.
Comment:
About a year early, but this look still holds. Distribution took longer than expected due to a spring in phase C.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.