From an eagle-eye perspective, this is the most suitable wave structure and EW count I can see now. It lines up perfectly with W.D. Gann's astrological predictions, the economy (entering recession) and the current social sentiment (nearing end of mania). I believe bears were correct in saying that the March 2020 peak was the *true* end of the 13 year bull market. We since entered a delusionary expanded flat 'B' wave which was severely augmented and prolonged by extreme central bank and government intervention. The tsunami (wipeout) 'C' of (A) wave down should be arriving next. What I depict here is only the first of five waves down. I could be wrong yet again, but best of luck to all of you, whether you believe me or not.
Commentaire:
One minor correction to my chart: The (III) should be placed Feb 2020 peak. This is a super cycle (III) wave since 1929; or grand super cycle (III) wave since the 1600s (South Sea Bubble era).