Stock market DJI - Great depression in 2035 | Elliott Wave 1896

• I am extremely bullish on the stock market, that's for sure, but I will tell you when I expect a great depression comparable to 1929-1932. 
  
• Of course, it's really hard to predict the huge collapse, but let's take a look at it from a logical, mathematical, and Elliott Wave perspective. 
  
• On the 12M (1 year) chart, we can see multiple bullish trendlines that have been destroyed. These trendlines usually last for decades, and they're a reliable indicator of upcoming recessions. 
  
• Also, we can use the classic standard price action and look for lower swing lows, which indicates a corrective structure. 
  
• As per my Elliott Wave analysis, we are currently finishing a massive 3rd impulse wave that could peak sometime around 2035. Then we will have a great depression (wave 4) and then the fifth impulse wave that can last for another 100 years. 
  
• We can see that the first impulse wave lasted for approximately 14 612 days and the second impulse wave lasted for approximately 11690 days, which is an 80% decline in time. We can assume that the final impulse wave will also have an 80% decline in time.
  
• We are absolutely not in a recession (and I agree with the FED here) and a lot of people are calling for a massive stock market crash. But these people are calling it every year.
  
• If you like my technical analysis, please hit "Like" and "Follow"!
  

Kommentar:

If you are interested, there is more data (1693). This would indicate the first wave (1857-1892), the second wave (1892-1896), the third wave (1896-1929), the fourth wave(1929-1932), and the final fifth extended impulse wave (1932-2035?). This sounds crazy, but this can be right.