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89waves

Gold: a harbinger of world cataclysm.While the forecast on small degrees, which is updated here on the 7th of each month, continues to come true, let's talk about the future, not about trading. So, the ending diagonal in a cyclic wave "V" is forming, with the alternative being impulse. These calculations are very similar by the nature of the expected movement, with the only exception that impulse (D) of will not break the historical maximum, and (Y) of of the ending diagonal will do so for sure. Next and before that, everything is identical. Competent investors, some of whom subscribe to 89WAVES, have been flipping from stocks to paper gold all last year - a strategy that has produced substantial profits or reduced losses in the stock market. And all through this year, that approach will continue to pay off - gold will continue to rise, but now it will probably do so along with stocks. After the U.S. indices and gold updated to historic highs twice, it will be necessary to get out of speculative assets into gold physical, despite its potential fall in the wave - we watch the quotations of paper gold, and everything else will fall even more strongly. The end of the wave is the beginning of a global cataclysm that will bury all markets for decades: crypto, stock, debt, paper and commodities and the rest. We will not come to this point before the end of this year - it is necessary to have time to prepare. And I will help you in this, all you need to do is to check the subscription watch new forecasts.
COMEX:GC1!Long
by IgorFlow
1
Ethereum: high degrees, global forecast.I found out that for exactly 2 years I did not update the most high degrees on ethereum, I need to correct myself! Or not? The fact is that back in 2017, a forecast was made on the daily timeframe, which continues to come true. At small degrees, the forecast of six months ago is now being implemented. If you were subscribed to 89WAVES in 2017, you could first buy ethereum at 300, then sell at 1200, and re-enter at 80 with targets at 5000 - #ETHUSD updates go public on the 4th of each month for investors, in premium channel - almost every day for traders. Yes, I'm hinting that you need to check the subscribe button so as not to miss the trends! And, as you understood from the text above, I continue to wait for the growth to the 5000+ area, to which the coin literally did not reach $100 in the past bullish cycle, in order to completely exit all altcoins - then the onset of crypto winter is likely for decades. I will also beacon you here when the structure is fully developed.
KRAKEN:ETHUSDLong
by IgorFlow
1
The Chinese yuan is the new world currency.The forecast that will probably come true not in 10 years, but this year, the yuan will begin to become the world's currency. Currently it only accounts for a few percent of world trade, but it will account for tens of percent. In this scenario China must stop devaluing the currency to please its exporters and overseas partners. Create an infrastructure parallel to the SWIFT system. I assume that this will be a digital yuan for international transactions. Whether there will be a correlation with the current fully fiat yuan - I can't say yet.
Short
by IgorFlow
3
S&P500: empire’s collapseOn the second of every month we have the S&P500 index updated here, subscribe so you don't miss any entry points. Today I decided to update the most high cyclical and super-cyclical degrees on it - the global picture. We will look at the weekly chart in a month's time. I pay special attention to it and put it in bold - it's a long-term forecast for decades. Super-cyclical and cyclical waves can go on for hundreds or tens of years, respectively. Going back to the index, we are now seeing a final rise to the ±5000 area within the ending diagonal, which will be accompanied in the media by a series of imaginary victories and a narrative about America's new greatness. In reality, the FED will simply buy out the crisis once again - there will be another QE, which will accelerate inflation and lead to the final inflation of all bubbles, including the stock market. Then a fall of times or even dozens of times. I set the minimum target at 666, the optimal target at 66.6. This, I repeat, will happen for decades, along with the loss of at least half of the economy. The feeling is that a Great Depression multiplied by 2 will happen - wave (IV) should be sharp, as opposed to sideways (II). The probability of civil war in the wave (IV) tends to 100%, there is also a strong prospect of nuclear war, but let's not talk about it yet... I believe that the next 2 years or so is the last chance to make money on investments. Then there will be the question of carrying capital through the crisis with minimal losses. For this purpose, in my opinion, scrap gold is the best way to go.
SP:SPX
by IgorFlow
The most terrible thing is to see clear logic in all thisIn the early days, it seemed that the whole situation was pure madness, from which everyone would lose: the oligarchs and top officials in both countries of the conflict would be deprived of a luxurious life; the population will once again become poorer; politicians will receive reputational damage - some allowed the war, others unleashed it; EU countries will fall into a crisis due to energy prices, and will lose a large sales market; etc... And, it would seem, what is all this for? For the sake of restoring historical borders or salvation from the Nazis? Not! There is a completely banal reason, which they are trying to hide behind pathos speeches. This is money. But everyone lost... In fact, not all! A week after the start of hostilities in Ukraine, the beneficiaries became obvious to me. USA. For an empire to thrive, it must siphon resources from the colonies. If the empire instead sends resources to the periphery, then it ends up as the USSR. Someone has to pay for a banquet with inflating bubbles in the financial markets during the period of financialization, in the terminal stage of the existence of the current world-system. The US has huge problems with inflation and debt. And rates cannot be raised so as not to bring down the stock market and not to disperse unemployment. Any tightening of monetary policy will lead to the loss towards China in the race for leadership. And there is only one way to solve this problem - you need to ensure a rapid outflow of capital from the periphery to yourself. And capital does not run away from anything so quickly as from war. So the States will put the wave "3" in the S&P index. EU. The next victim of the hegemon will be the European Union. Prices for energy resources are not only a very high communal apartment, which will inevitably lead to protests of the population; but also, more importantly, the cost of production. Cars, trains and planes will rise in price, so they will begin to lose in the competition to "partners" from the United States. The accumulated contradictions will lead to a series of crises in the EU and the bankruptcy of the peripheral members of the union - Greece, Portugal, the Baltic states and others. The semi-peripheries of Britain, Germany and France will shift their costs to the satellites. This is the wave "5" in the S&P index, the end of the hegemon's dominance. China. When capital is exhausted in all colonies, peripheries and semi-peripheries, then the decline of the empire will happen. But the end of the US dominance cycle will not be herbivorous at all, as we are now seeing. The same was observed by our ancestors at the beginning of the last century, when Britain was replaced by America. And their ancestors saw the same at the time of the change of leader from Holland to Britain. And before that, in capitalism there was also the Genoa cycle. Pablo Escobar once said that there can only be one king. And he was deadly right. But why China? Due to the fact that the leadership in the brave new world is provided by the industrial revolution, to which the PRC is now closest. Russia. The "progressive elite" has an opinion that "everything is bad in Russia, and it will get even worse." But did you know that Russia is the only country in the world, apart from the USA, that has its own processor architecture? There is also the British ARM, but it is only nominally British. This is important in the sense that without access to microelectronics, which are the brains of everything from phones and cars to machine tools and servers, China will not be able to overtake the US. In many ways, this is why China is supporting Russia in this mess. Well, wood, wheat, military technology, oil and gas at reasonable prices in the appendage. And what about Russia itself? In the flow of news about the bombing of peaceful Ukrainian cities and the flight of capital from the Russian Federation and Ukraine, the news about the nationalization of companies in Russia passed by many. In simple terms, $10 billion was allocated to buy up depreciated securities, primarily export and technology companies. These companies in dollars fell at the time of the suspension of trading by 3-5 times. This means that the state will receive 5 or more stocks at the price of one outside the exchange, gold reserves are not stored in rubles. By the way, the gold reserves themselves in the NATO countries are approximately equivalent to the amount of corporate debt of depreciated companies, which means that debts can be mutually nullified. The stocks were bought at an unprecedented low cost, and dividends on foreign exchange earnings will now remain in the country. There is no point in taking them abroad - the yacht will not be sold and arrested. This means that they will have to be spent in Russia, which will serve as a multiplier growth of the economy in 5-10 years, when economic agents recover from the shock. Yes, when it seems that everything is lost, the Russian Federation will begin decades of economic growth. Buy when there's blood on the streets, even if it's yours! :o) Those who play in long will get more in the end than they have now lost. But you can't bring back the dead...
OANDA:SPX500USDLong
by IgorFlow
2
Elliott wave analysis of XRP/USD (Ripple)Suspiciously, everything has been developing well here lately. The wave (i) in the form of a leading diagonal has ended or is completing and the beginning or further development of the wave (ii) in the form of any correctional triple is expected. I am inclined to believe that the market is already in the wave of "c" of (ii), the targets for all of this (ii) are depicted on the chart in the form of green fibs. And further, a powerful strengthening of the euro against the dollar is expected, that is, rather, a powerful weakening of the dollar against all global currencies.
BITSTAMP:XRPUSDLong
by IgorFlow
1