This chart shows a long-term market analysis using Elliott Wave Theory, suggesting the market is currently in Wave 4 and preparing for a big Wave 5 rally.
📈 Past yearly moves averaged 15–21%, with 30%+ currently and up to 66% historically.
🟩 A "rebalance" zone (accumulation phase) is forming before a possible breakout.
📊 The next move projects a +60% rally, targeting 7,112 to 7,570.
🔁 Historical patterns and past rallies are being used to support this bullish forecast.
Bottom line: If history repeats, a strong upward move is expected soon.
📈 Past yearly moves averaged 15–21%, with 30%+ currently and up to 66% historically.
🟩 A "rebalance" zone (accumulation phase) is forming before a possible breakout.
📊 The next move projects a +60% rally, targeting 7,112 to 7,570.
🔁 Historical patterns and past rallies are being used to support this bullish forecast.
Bottom line: If history repeats, a strong upward move is expected soon.
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