This chart is presented in association with the video idea linked below in related ideas.
This chart is a thesis developed using AriasWave in order to determine the likely ending to this move up since The Great Depression.
A series of booms and busts contained withing a range will be the result of continued modern monetary policies.
There are very good reasons why this will happen from a technical standpoint.
One main reason is that you can only stretch a zig-zag so far before it snaps back correctively in order to complete the pattern.
We are around the mid point of some of the most extremely stretched out zig-zags possibly in all of history that will result in a series of booms and busts.
As the markets struggle to find any real support during these times they will simply oscillate violently over long periods of time.
If this analysis is accurate then the whole move up since 1932 is just one big giant zig-zag Wave B bubble that still has a way to go.
One can only imagine what will happen when this gigantic Wave B finally ends.
Most of us likely won't be around to see it happen.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research[b/] instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
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