It doesn't get more obvious than this. We're probably headed back to 12k at the very least on a corrective wave. Fed GDP forecasts are really all you need to see to know lots of rate hikes and taxes coming soon. It's halving every year, and that's an optimistic estimate. Don't wanna spook the market. fred.stlouisfed.org/series/GDPC1CTM
Note
I'm gonna be looking for behavior near these key lvls in white, 14710/14660/14580. Ultimately bottom of the 1 yr bull trend (white channel, 14500ish) gonna get tested and quite possibly much lower over the next couple years. Note
a closer look at EDT Note
or maybe more like this? But if it turns and starts breaking the fib fan levels abandon ship.
Note
It's not over, look at that perfect rising wedge for 2nd legNote
Updated, looks like 9-10k bottom of ABC on Macro. Notice the 5 wave started around 1k. Next one starts around 10k, then the one after that starts at 100k, but I prolly won't be alive to see it. Going up in magnitudes, exponential. Note
Close up of the rising wedge 
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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.