Loading ...A Doom and Gloom just for Fully
Ok – I can’t resist…
This guy is really quite a good Elliott Wave practitioner. Here’s a link to the article which is not nearly as gloomy as the image above suggests:
http://www.pretzelcharts.com/2022/04/spx-update-spx-behaving-well-and-one.html?m=1
OK, that was the Doom portion. Let’s say that is correct and stocks go lower for 20 years. FGC and most of us are probably more in miners and physical than stocks anyway. Of course, we don’t want to see the decline of civilization but if it is inevitable and the metals hold up or out perform, than at least these last few years of our lives should be bearable, even if challenging.(When have they not been challenging?)
The end of Population expansion is GOOD NEWS
More For Me !
or for a live link (you can keep)
http://www.pretzelcharts.com/
He updates MWF mornings usually by 10AM ET.
Right now, my charts along with the EW world as I review it, is pretty split between Bear Now or one last leg up into Final Top. My charts are thinking triangle, but even that could be last correction, before W5 up, or B wave upward correction after first leg down. If it is one of these triangles, we could whipsaw for awhile before market commits. And then you WILL KNOW. Place your bets.