Heartbeat_Trading

The End & The Beginning

Short
Heartbeat_Trading Updated   
SP:SPX   S&P 500 Index
This will be our final public post

The collapse of modern society and capitalism has begun

We must focus on preparation

May you all be safe
Comment:
Market crash in progress

Buckle Up

Comment:
IWM headed for a crash

Comment:
GET READY FOR A DECADE OF PAIN AT THE GAS PUMP

HOME ENERGY COSTS ABOUT TO SKYROCKET

Comment:
SAFE HAVEN TIME

Comment:
Ok looks like we were wrong...for now

The market decided to change its mind on crashing right now and instead head to new all time highs

A pullback is imminent so looking for the Fed news this week to provide a catalyst for that move lower

How that move takes shape will decide the rest of 2024 and beyond

With that said even if we get new ATHs the ultimate fate of the market is the same...a depression level environment that sees the S&P500 at sub-2000 levels.
Comment:
if we get new ATHs this is where we should top

Again, new ATHs do not change the ultimate destination...just means we decline from a higher price.

Comment:
Looking for an extremely imminent pullback in the S&P

Ideally 1st support will hold and then we head higher to new ATHs

Ultimately the 2nd support needs to hold if we want to see those new ATHs

Any sustained break of the 2nd support opens the door to much larger sustained downside risk

BUT REMEMBER: Even if we get new ATHs the destination over the next 5-8 years is SUB 2000 with expected levels reaching as low as 666-1500 spx

Comment:
If Support holds then we should head toward ATHs

If Support breaks we will head towards 4600

Comment:
Highly suggest you take note of the Targeted Topping Zone

Market structure is suggesting that we may not get too far above that zone on this move.

In fact we may not break that zone at all

Essentially we are saying if you look at what we have been predicting with the broad markets price may not touch this zone again for a decade

Trying to sound the alarm here

We sincerely hope this analysis is wrong because we are not sure the vast majority of people understand the true nature of what we are facing in this country and throughout the world

Please Please Please get prepared

Comment:
Get Ready!
Comment:
Tweaked the targets a bit

Comment:
ALERT!!!

The break of the 5100 level today and the move lower is the huge sign that a major top has been established in the market

BUT even if new All time highs are made we still think the market will find a major ceiling between 5300 and 5400

Comment:
Near term expectations

Comment:
Lets see how this plays out

Comment:
Market generally progressing as expected.

Its possible all of Wave (C) is complete but the market appears to still want to rally a bit

Lets see

Comment:
Zooming out a bit to better see the move we are tracking

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