The chart posted is that of the NYA .12/8 /2024 Major wave B top forming target 20,190 alt 22130 . Cycles are bearish into 2025 and well into oct 2026 Depression Like decline . into oct 2026 . First big decline should take us down into the spiral turn date 3/10 2025 week . in what should be an 11.8 to 16.6 % decline we should then see a rally into Mid July to Sept 2nd Then cycles begin next bear cycle phase . Down hard in most of 2026 The market in this decline should take us down about another 26 to 35% in wave 3 , The final low if the big picture is correct should see a major low oct 10/20 2026 the total decline should be 38% to 44 % Gold should see 1050 to 1489 . Bonds should form a rally but will fail over n over . US should see 119 to 121 handle in 2025 by mid oct 2025 . . Tariffs and the trade war are the main reason . But the markets since 2009 have been Liquidity driven with zero rates forced money flows into Assets 2025 will see a Deleveraging of inflation assets as we decline in housing markets based on the 18.8 year cycle in housing . Unemployment will see a sharp rise into 5.5 -6.1% into oct 2025 . based on downsizing of the federal workers Bitcoin will see a drop min 42/35 and a final low is 18500 to 22100 peak to low . . In dec 2021 Forecast called for a 20 plus decline into oct 10 to the 20th 2022 into 3510 to 3490 in the sp 500 .Dec 2022 forecast was calling for a rally to new highs in all indexes . In dec 2023 forecast called for the sp to reach 5636 to 5818 and the year of a vix of 29 or better we saw 60 . What next is at most I have said is a target in the sp of 6183/6235 We may or may not reach that But if is going to it will be jan 2 to the 20th 2025 . The last of the money flow . Best of trades WAVETIMER
Note
Today is 12/13 The market in the nya peaked right at the 6 golden ratio spirals The SP 500 and QQQ could have seen the Peak if we break 5985 But if we hold into monday and turn up we can still see a final 5 of 5 of 5 the min target is 6108 the max is 6235 I will be LONG PUTS IN A MAJOR WAY into 12/26
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