🚨 MY PREDICTIONS FOR THE NEXT 3 YEARS:
2026:
1. BTC drops to $52,000
2. S&P falls to 5,800
3. Oil stays above $110 for two quarters
4. First G7 country enters technical recession
5. Fed Chair transition triggers the most volatile quarter in a decade
2027:
1. Fed pivots - 3 cuts in 12 months
2. BTC bottoms in Q1, doubles by Q4
3. Dollar reserve currency debate hits mainstream media
4. Real estate crashes in at least 2 major US cities
5. People who accumulated in 2026 go completely silent on social media
2028:
1. BTC crosses $280,000
2. S&P pushes to 9,500
3. Fed balance sheet hits $12 trillion
4. AI boom starts showing up in actual GDP numbers
5. The people who bought in 2026 will be the new 2017 legends
Bookmark this
Keep in mind: I’ve called every major market top and bottom for over 10 YEARS
Come back in 2028
$SPY $SPX Current thesis... fugly into a March/April low 20ish%...forming a H&S getting everyone bearish then rip higher with two 5ish% drawdowns in back half of year...eoy calling for 18ish% year // See my pinned tweet
$ES $SPX $SPY 1D - Aug03
Sellers finding that 1D reversal structure...
Now, they need a *corrective* retrace to form a lower high
The leg that follows will be actionable for me on the 1D
HTF target -> The April low.
Long-term SPX Elliott Wave count (published originally in Market Twists & Turns Pro).
If you like it please feel free to retweet it, it is precious.
The lack of confirmation for new record highs for the S&P 500 is still a major divergence that should not be ignored. Historically, this has preceded corrective volatility in markets seen in 2007, 2018, 2020, and 2022.
$ES $SPX $SPY 12H - Sep07
A sharp move lower to end the week... While I'd love to say the B-wave is in, this downside is still corrective. Not impulsive as C-should be
Therefore, I still suspect one more poke higher to complete B...Below 5300, I'll consider a more direct route
S&P500
Update
🚨 CAUTION 🚨
Witness the stark contrast: 2008 and 2024, side by side, unfiltered.
Brace yourselves.
The market's next temper tantrum shall be upon us shortly.
2008 was just the appetizer. The main course is coming in 2025.
P.S Dessert yet to be decided.
Don't be alarmed it gets much worse.
Market is still in a strong uptrend. Not a place I'd be loading up on $SPY puts. Scalping only! Until this rising wedge breaks it's going higher. Guessing leads to losses. Once we get a reversal there's plenty of time to ride the corrective move wave down.🔽
With SP500 breaking the trendline, I think risk-on is back. More upside after wave 4 then. Will keep a close eye on it.
Join me in webinar later https://t.co/hP94Ka8Hqy
#Elliottwave#SPX#DXY