If we apply Elliott Waves over SPX historical data, we are due to another crash. The reverse zone should be around SM300 if it follows previous tendencies. US Government Debt to GDP ratio confirms the problem. The first two crashes are similar because Govt Debt/GDP was similar. Now Govt Debt/GDP is 80% bigger.
BTC and USD should increase value during this crash.
BTC and USD should increase value during this crash.