Two Scenarios: 1. Grand Trend Line Break with Rising 5 Waves 2. Grand Trend Line Resection with Falling 5 Waves
#1. Unavoidable descending trend by the end of 2022. #2. From Jan.2023, Bull trend with under 7% CPI #3. Uptrend by Summer. 2023
1. Just an Imaginary trend 2. CPI estimated ranges 3. Fed estimated rate hikes 4. Long scenario trend
Grand Bear Trend was ended, and Grand Bull Trend just started.
After consolidation, slightly worrying the short trend. But, still static and dynamic support lines exist.