The Runaway Market
This is a post I have been meaning to do for a while, and now seems like the right time. If any of you wavers out there are having trouble discerning even a diagonal out of this junk, this is my real theory and my actual count on the S&P index, futures, and SPY. I posted this picture a in a couple of rooms on discord, and figured, hey, why not publish. Here is what I wrote in response to the third friend mentioning how "beast(ly)" is SPY?:
"SPY & ES ... Equity indices in general are propped up, heavily manipulated, irrationally worshiped, thus they appear "beast(ly)," but the crash is coming. We been off track since someone stole the market in 2013/14...basically, where we should have gotten a much more complex market correction, we got a Minuette (a)(b)(c)...Not soapboxing, but the past few months have me thinking about it again. Made up this chart if you guys want to take a look. Basically, for the past 10 years, instead of correcting DOWN...we have corrected UP, which makes no sense, and we see a series of runaway b-waves that all reconcile with a brutal 5 wave move to the downside. We are due a brutal 5 wave move of Cyclical proportion, right now. After that, I assume the market will resume like normal and rip higher in impulsive fashion for 40-50 years in its super cycle wave (V).
The chart shows what should have happened, the Red SuperCycle Wave and Cyclical correction drawn in white, and then what did happen, that same correction expressed to the upside in nearly undiscernable patterns. Annotated major reference points for context and magnitude comparison.
This is my real count. Based on everything I have learned not only about EW, but also markets in general and our ever more corrupt society, this is what I see when I look at the chart. Cycle C commeth."
I will add that I did not originally extend the Cycle c down to meet with SuperCycle (IV), but, hey, if this is what I think it is, maybe we do actually reconcile to a reasonable price location and get back on track, because with one more 5 wave move (needs to be of Cyclical Magnitude) regardless of where price is, it will be time to embark on a supercycle motive wave to the upside. No better place to start than the region where it SHOULD start.
Enjoy! -Cuz
"SPY & ES ... Equity indices in general are propped up, heavily manipulated, irrationally worshiped, thus they appear "beast(ly)," but the crash is coming. We been off track since someone stole the market in 2013/14...basically, where we should have gotten a much more complex market correction, we got a Minuette (a)(b)(c)...Not soapboxing, but the past few months have me thinking about it again. Made up this chart if you guys want to take a look. Basically, for the past 10 years, instead of correcting DOWN...we have corrected UP, which makes no sense, and we see a series of runaway b-waves that all reconcile with a brutal 5 wave move to the downside. We are due a brutal 5 wave move of Cyclical proportion, right now. After that, I assume the market will resume like normal and rip higher in impulsive fashion for 40-50 years in its super cycle wave (V).
The chart shows what should have happened, the Red SuperCycle Wave and Cyclical correction drawn in white, and then what did happen, that same correction expressed to the upside in nearly undiscernable patterns. Annotated major reference points for context and magnitude comparison.
This is my real count. Based on everything I have learned not only about EW, but also markets in general and our ever more corrupt society, this is what I see when I look at the chart. Cycle C commeth."
I will add that I did not originally extend the Cycle c down to meet with SuperCycle (IV), but, hey, if this is what I think it is, maybe we do actually reconcile to a reasonable price location and get back on track, because with one more 5 wave move (needs to be of Cyclical Magnitude) regardless of where price is, it will be time to embark on a supercycle motive wave to the upside. No better place to start than the region where it SHOULD start.
Enjoy! -Cuz
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