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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Bull RidaH who wrote (33033)1/16/2020 1:48:12 PM
From: Bull RidaH2 Recommendations

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bull_dozer
The Ox

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The 10 year rising channel experienced a definitive and lasting upside breakout during the week of Oct 19th, 2019. This breakout generated a measured move price target of 3420SPX, which coincides with a mid-tine Andrews Pitchfork target (posted next) at the same number this week. We could see these targets fulfilled this week, which may occur simultaneously with Trump's exoneration in the Senate.I expect a precipitous price decline to begin from the 3420 area, which will lead to a bear market dwarfing the ones (in both duration and depth) we've seen in our lifetimes. This expectation is based not only on the above price pattern targets being met, but 5 Wave Grand Super Cycle Ewave counts being fulfilled at the next major high from the 1787 beginnings of the US Stock Market.

The fat lady has entered the building, along with the executioners, and they will both sing their song and flip their switch in the coming weeks. This amazing run is almost done, and investors seeking a positive return will need to transition from major market equities to other investment vehicles to preserve their investment gains and generate acceptable returns on their capital going forward. The leading stocks of the S&P 500 (such as Apple) will lead this market lower in the months and years ahead.
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