מדד S&P 500
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S&P500 will be stopped at $3k per share

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At the moment we are in R -> S move, according to the analysis visible on the picture, I predict that S&P500 will go down after approaching 3k per share.

Subsequently, the market will enter a strong downward move S -> T

The pattern of the analysis remains the same as I published on Feb 13th 2018, however, the size of peaks has shrunk.

I believe "sell" signal will happen as FED will cut interest rates in 2019.

Moreover, unemployment is at a record low, which will get changed soon as in case of previous recessions:
macrotrends.net/1316/us-national-unemployment-rate

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There will be more downward movement soon, in the same time XAUUSD will go up!
Good luck everyone!
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So far my analysis is correct, I believe downside more will happen slowly, it will be gentle but painful depression.

In the same time, XAUUSD and XAGUSD will keep going up, very high, expecting ~88500/OZ for gold and 1160/OZ for silver.

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