SPX: Very strong moves on both directions

2023年12月20日

This idea of a super massive ending diagonal looks more likely as each day goes by. Since October, the rally has been super strong. Almost mirroring the run from Oct 2019. If this holds true then we should see an almost waterfall drop for wave 4 during early to mid 2024 that could last a few weeks to a couple of months. After that, market could put in the final blow off top of all tops completing 150 years cycle. What happens after that is anyone's guess. There are many predictions out there. Many countries are already banning short selling, which can also be the case for US markets. For now, a lot of money to be made to think about that stuff! Happy holidays!!!