DJI, SPY, Elliott Wave Big Picture Wave 4 Expanding Triangle

Putting together the big picture, this seems like the most probably road map for where we are.

Supporting evidence:

• Very clear zig-zags into the 2018 crash and up through the 2019-2020 bull runs
• 0.5 retracement for Wave 2
• 1.618 text book Wave 3 extension
• Wave 2 was a deep flat
• Wave 4 is a triangle, with a 0.382 retracement
Wave Analysis

Disclaimer