MAJOR BEARISH WAVE STRUCTURE CYCLES TOPPING
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The chart posted is the etf SPY ,I am now as bearish and if not more that my work 11/29/12/6 2024 . I am of The view that the bull market that started on march 23 2020 is at the END That low was 2191 and we are now almost equal to the rally from AUGUST 11 1987 to the August 25th 1987 high on a PCT basis . and the shiller p/e model work I keep is only a few ticks aways from the 1920 to 1929 peak on an equal basis as well that was 41.36 print . My cycles are RATHER BEARISH in Liquidity from now and into mid oct 2026 into the 4 year cycle . I am now 110 % short . Best of trades WAVETIMER
15 hours ago
Trade active
11/4 I have taken a 90 % net long calls as we have dropped in a 3 wave decline I am looking for the 5th wave from 6551 to mark the peak it can be projected from 6954 plus or minus 5 and in a blowoff as we saw in 2000 to peak near 7031 The cycle turn date is 11/11 plus or minus 1.7 days risk is high but I got a buy signal in my work in the over night it is a weaker signal that most as i am setup for the Hindenburg sell signal . -
Momentum fading fast — time for caution, not greed. 🧊
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