#SPX SuperMillenium Cycle

4 de mar. de 2022

Extrapolating and counting the Elliott wave structure of the American economic empire from July 1776 to now for shits and giggles using strict Kennedy channelling rules. Red lines represent acceleration channel breaks and Red dots are acceleration channel under-belly strikes; used to infer likely W4 and W5 positions respectively. This wave-count has a major correction sometime in the next ~5 years but that will be a further W4 ie not the top. Expect price to wick through the bottom of the macro acceleration channel, with support likely at the first Base shadow (~1 Jan 2026) before bullish continuation. The Kennedy channels deduced here have acted as reliable energy barriers for at least 150 years so they'll do for now..