A popular chart in certain investment circles. Time scale is not relevant and most likely will be accelerated.
This is a simple chart of the S&P 500 going back to '09. When the current correction ends, the market will likely follow the current channel to it's peak of 4,500-6,000.
Once the market peaks it will go into another corrective phase. somewhere around (a) The Fed will announce they are going to buy Stock ETF's and this will trigger a rise to (b). Then we experience a "crash like" event and will continue down to (c).
At a the FED realizes this policy is no longer working and will announce it is buying individual company stocks (much like it is doing with corporate bonds now). This will help the market recover and we should rise to b. Sometime after that the market will have another "crash like" event and move down to c.
This completes the cycle, "The FED folds" and a new cycle will begin with some new entity to replace the FED and possibly all or most central banks.
Some people are saying this, and it's good enough for me.A popular chart in certain investment circles. Time scale is not relevant and most likely will be accelerated.
This completes the cycle, "The FED folds" and a new cycle will begin with some new entity to replace the FED and possibly all or most central banks.
I have never seen Elliot Wavers make money, EVER.
I have never seen Elliot Wavers make money, EVER.
Paul Tudor Jones in the 80's comes to mind.
I have never seen Elliot Wavers make money, EVER.
Paul Tudor Jones in the 80's comes to mind.
https://www.jltrader.com/2015/09/12/paul-tudor-jones-and-elliott-wave-theory/
Link says no. Maybe there is actual data to support yes or no.
You've already got competition: https://www.amazon.com/Archie-McPhe...1597803197&sprefix=tinfoil+hat,aps,176&sr=8-2I’m going to start selling aluminum foil hats on Amazon.
I made my fortune selling the ground straps. Tin foil hats are no good without a quality ground strap.I’m going to start selling aluminum foil hats on Amazon.
I would never buy one of those tin-foil hats. It might interfere with the voices I hear inside my head.
I would never buy one of those tin-foil hats. It might interfere with the voices I hear inside my head.