Over the last two years the
SPX has been moving in unison with a fractal from the Pre-Great Depression, but at about 50% less amplitude on each of the current waves peaks & troughs. If my geomatics calculations are correct, we're actually looking at an exist pump and should see a move down, imminently, that will bottom around 2018 lows.Note
If this is true, which I truly hope I'm wrong. But if I'm correct housing will crash, 401Ks will be decimated and millions will lose their jobs. I'm praying I'm wrong. Be well out there folks...Note
All charts are only thoughts and opinions. Always do your own research.
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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.