Okay, I feel the need to publish something that is more bullish than bearish this week. Here is my wave analysis and how I think it gets to 4000. This aligns to my idea last week for the NASDAQ hitting 14,000.
In case you want to know how I came up with this set of waves.
And how it fits with old school trend lines and rising wedge pattern analysis.
Great analysis. I think there'll be a bump around $3750-ish. Then there'll be another rally that'll carry S&P to 3900-4000. We'll probably see a big correction (10-20%) at that point or maybe bigger correction if there are a lot of insolvency or post-covid economic data doesn't look good