An updated view
Pattern taken from reverse symmetry.
Elliott Waves
Stochastic RSI Oscillators
The 12 Month oscillator pushes everything upwards. Since the 3M oscillator is at it's top, we expect a short drop until mid 2023. It will be short because of the effect of the 1M oscillator as well as the 12M one.
Oscillators tell us that it is probable for price...
2030, energy 5x more expensive than now.
We might not be able to afford ze oil, but we will eat ze bugz.
Pattern taken from 1995 to 2008. Today is June 5, 2001.
The 7 year cycle is actually 2618 days.
Tread lightly, for this is hallowed ground.
-Father Grigori
The DXY normalization is far too good. Make good use of it, and make improvements on it, as you must. The accuracy, in even such long timeframes, is incredible. For the retracements, the magnet tool was used, and the retracement is in fib scale. Therefore nothing was placed by chance.
Also look at the short-term accuracy.
Look at the standard SPGSCI. It is...
The fundamentals that move markets dashboard
Here you find the: SPY, VIX, DXY, Crude oil, Commodities, Fed-Funds, 2YR-T, 10YR-T, and the Fed's balance sheet.
The Chart shows that the SPX hast been growing faster than the GDP, and in comparison, the SPGSCI underperformed (all in % of SPXs growth).
My thesis ist, that the SPGSCI will outperform the SPX in this decade.
Background: The SPX should not grow way faster than the GDP. Demand for commodities ist raising.
We are approaching to the major resistance made by 3M timeframe.
However wave (a) of last (abc) pattern is ongoing so far. In this respect, I am awaiting SHARP wave (b) in the form of “Change in behavior” and then last move (c)(z)(C){a} prior to deep correction within M timeframe
Question to the readers:
What kind of chart formation is that?
Return would be a minimum of 20% p.a. over a maximum of 5 years After breaking red resistance line.
Greetz from Hanover, Lower Saxony
Stefan
