Linear target: 44k
Impulse target: 48k
The stock market cycles are lengthening. Continued downside till EOM followed by a final melt-up rally that will bring the end of grand wave 5.
ETA H2 '22 - H1 '23.
Note
Top ETA pushed (lengthening cycles): H2 '23!
Note
Micro correction extension: ~200 Week / 50 Month EMA
Note
Lengthened time-frame once again, but the bull thesis is intact.
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