Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on October 1, 2021 with a closing price of...
A cluttered chart showing with all my work of predicting a 60-70% upside opportunity in Morgan Stanley. Target: $65-70 depending on time with more upside if breaks out of long term channel. Stop at 34.31 below golden zone of 2 to 3 Elliott wave move. As low as $33 (50% retrace of waves 1-3 move).
Morgan Stanley predicted end of economic cycle in 2021. www.morganstanley.com And it looks like a yield curve inversion will occur in 2019 or 2020. fred.stlouisfed.org I combined the above ideas and drew a green line staying in the current bullish trend channel. I drew a red line showing a delayed bearish reaction after a yield curve inversion. Recessions...