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Friday, May 29, 2026

29 May 2026

 



Fundamentally, if this chart actually looks like a sign of a booming economy then look at the smaller corporations.  If we were truly in a healthy wave 3, you'd expect broad participation, rising small caps, strong internals, expanding breadth. Instead, the concentration in mega-caps is behaving exactly like 5th wave exhaustion, narrow leadership, deteriorating breadth, retail Fear Of Missing Out (FOMO) driving the final push. 

From an Elliott Wave perspective this once again appears to be completing. The rally from the March 2026 low can theoretically counted as a completed or nearly completed 5-wave impulse pattern. The structure is mature and appears to be nearing its end, requiring just one more push to all-time highs. Heavy RSI divergence, where price makes new highs but momentum does not, is confirming that this rally is ripe for a correction.


This is just something I wonder about, but could it be that those wealthy sexual predators, can afford to maintain these gains in order to keep the republicans in office in exchange for their protection? Or are these prices due to the generous tax breaks afforded by the republican administration?  Maybe both. Either way I don't see this market continuing, do you?

Saturday, April 4, 2026

4 April 2026

I think PEDOlf SHITler has ended the bull market.  It was always in the waves, but with his narcissistic authority and the syncopates that laud over him, he has managed to destroy the world economy. A war was started to distract from the Trump-Epstein PEDO files, and to give one last push to the failing economy, but it's not working. 

In fact energy costs are going to inflict pain on the transport and manufacturing sectors. The USA has lost it's source of clean silicon for making chips and memory is going to cost a lot in the future. We will lack fuel for trucking and farming and without field labor our crops will rot or never get planted. Are we Great Yet?

Wave 5 was an expanding triangle, topping out at 7043. It spilled over to the beginning of the Bear market. At the time it looked messy, but I think we can see it clearly now. I believe we have a long way to fall, this is just the beginning. My count shows the past two weeks as an ABC Wave 2. Wave 3 support will be found at 6200 area.

Friday, February 6, 2026

6 February 2026


 

Monday, February 2, 2026

2 February 2026

Possibly the end of the bull waves.  Wave 5 counts well as a diagonal(Orange Lines), then wave 1 down counts well as 5 waves. If wave 2 is simple and short we may see a crash tomorrow.  As always it's never a sure thing, but if you're like me; wondering when not if the market will crash, this looks like a pretty good count that could see a swift drop to 6500.  
 

Thursday, January 8, 2026

8 January 2026


 Maybe a 5th wave Wedge?

Monday, January 5, 2026

5 January 2026

 



I think this is the final Wave 5.  I don't normally do this, but I've widened to Andrews Pitchfork because it seems to fit better this way.  

I can't believe how many times I've thought that.

Thursday, November 27, 2025

27 November 2025


 This is the alternate count I posted a week ago. The count down to C might be wave A of 4, or we could be starting wave 5 of 5 as shown here.

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