Market double topInteresting how Total Market formed a double top in a rising wedge formation, which we know has to correct. So the massage is probably more downside coming.
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STILL 100 % of track NEXT LEG OF THE BEAR IS ABOUT TO START I am now getting another major sell model long term sp 500 to total Long term bonds is been given in my models I personally have moved into 6 month and 1 year till bills today I manage six large trusts And told my group to shift All funds into insured accounts I will be moving to 50 to 75 % % short on any rally into 4183 and 100 % at 4212/4222 or on a stop of 3988 . sp 500 to bonds ratio is near BELL RINGING now as of today I see the lows of dec and oct taken out I have two targets based on the cycle low projection 3510/3490 . . I came up with in dec 2021. target is 3390/ is the alt the main target is 2785/2985 the decline should be in time cycle march low 2024 and should unfold in another clear 5 waves .. BEST OF TRADES ! WAVETIMER
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FORECAST for 2023 is finally set PROJECTION 2023 low june 18 2022 forecast called for drop see dec 2021 projection a Panic low due oct 4th to the 20th focus on the 10th target was 3510/3490 . I also gave you the aug turn see august 2022 forecast peak and panic .We have now ended the last bull phase within the fractals and in spiral in time as well . We should see a break down and it should be rather sharp by APRIL 2/9 we should be near the oct low with a nice but muted rally into may 10th and then the last LEG down into june 18th targets are from 3170 to 2987 . then a year end rally into sept 2 . 2023 after this date we will decline back into mid oct to form a long term base best of trades WAVETIMER
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Yes it's -75, and yes its alotI feel like on other indices a huge fall but even with a -75% it's still bull and profitable to invest on stock market. Because 47 is nearly double than the bottom so everything will remain fine and rich will stay rich :)
Have a good trade
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