Here is a recalculated path to possible market bottom IF the current market top is in.
Key Takeaways: Not as shallow or long as initial projections
For now the bottom could be around August-September 2024 and no longer at the end of 2024 or first quarter of 2025 as initially projected. The maximum bottom based on historical data is 2850 and not likely. At best...
The end is coming in focus. We have re-adjusted some key points and placed the next estimates on the chart. The biggest question was the placement of Minor 1 (yellow), once Minor 2 jumped. We are breaking down the future on the hourly chart to make it easier to follow along.
We are in Minor wave 3, a day later than originally expected. The index dropped after the...