Dow jones (DJI) - 100 year cycle?
I see this bull run, starting 2009 as a diagonal.
1.We can clearly see that the sub waves are NOT consistent of only 1-5 but rather ABC waves within each of the bigger waves.
2. This is only possible within a diagonal. Short interest is high and price is squeezed.
3. I do not have a time perspective on the crash but the zone between 36,5 - 42k seems to be the highest probability according to fib-relations.
I will update this idea as time goes but I expect a bigger correction soon to mark the smaller B-wave within the 5th wave we are in right now.
Thereafter I will count the subwaves of waves C to predict where the end will be with much better accuracy.
Is this the end of the 100 year cycle? The great depression all over again?
1.We can clearly see that the sub waves are NOT consistent of only 1-5 but rather ABC waves within each of the bigger waves.
2. This is only possible within a diagonal. Short interest is high and price is squeezed.
3. I do not have a time perspective on the crash but the zone between 36,5 - 42k seems to be the highest probability according to fib-relations.
I will update this idea as time goes but I expect a bigger correction soon to mark the smaller B-wave within the 5th wave we are in right now.
Thereafter I will count the subwaves of waves C to predict where the end will be with much better accuracy.
Is this the end of the 100 year cycle? The great depression all over again?
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