Replies to post #354 on SPX Elliott Waves (SP500)

[NewYorker567]

So market has to go up and up just because it has to go up and up. Who on earth doesn’t know that by now?

[NASARAVI]

Gratitude

Good call on 2021 - it happens to be a daily and weekly coincident year - wherein you get a MAJOR top or bottom.

2009,2012,2015,2018, and 2021 - they come every 3 years.

2021 October between 3-8 or 20-23, is potentially the top of the bull market that started in 2009.

I am expecting this as a 33-34 month correction and 62 % correction minimum on SPX.

How high will this BULL go in 2021? The BEAR correction should come to 1800-2346 area.

Appreciate your expert opinion.

Thanks in advance.

[Johan Meiso]

Thx,
Nice done and explained.

I thought to understand that OEW is somewhere on 13333xx and see this finishing around +2037

With x further clarification of what ...

Hence they see also major drops as a lot of 4's has to be "defended" ...

Which would be zigzag or which would be a big drop ... is unclear ...

Thx

[gratitude]

Monthly Elliott waves Chart showing my forecast for the next years - Updated to account for the latest evolution of spx, which suggests that the spx is rushing toward the top faster than before, which brings the top closer. I see a top in spring-summer of 2021 to finish the larger degree wave 1 which started in 2009, followed by a wave 2 down in the end of 2021-2022, and then a wave 3 up until at least 2042.

I expect wave 2 to go down to ma(200) on monthly, which probably will be around 1900-2000 by then.

You won't find this prediction anywhere on the net other than here. Enjoy!