The triangle within wave 4 has ended. Either today, or on May 3rd. What will happen next has never happened before. The crash in Treasuries in extended wave 5 is scheduled for H2 - the time when 10Y will definitely hit above 10%, dragging the entire market as low as SPX 1000...1500.
The closest analogy to the coming crash is 1929. But remember - the crash of 1929 was just a correction within a 100-year long trend, which finally ended on Jan 4th this year.
The coming crash will be one fractal level higher: it will be part of the correction to the entire 100-year long bull market in the US.
The closest analogy to the coming crash is 1929. But remember - the crash of 1929 was just a correction within a 100-year long trend, which finally ended on Jan 4th this year.
The coming crash will be one fractal level higher: it will be part of the correction to the entire 100-year long bull market in the US.
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Disclaimer
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.