The SPY Capitulation Bottom Will Surprise Global Traders.
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My research suggests the SPY is setting up a massive Capitulation bottom - and likely to move dramatically higher over the next 5+ years.
It's too early to call this a confirmed bottom signal - but, it may be a great time to start looking for some "anchor trades" in the best stocks/sectors headed into 2024 and beyond.
My research combines technical analysis, economic functions, cycles, and predictive analysis.
While everyone seems to be calling for a massive price collapse, I continue to tell everyone "get ready for the RALLY".
I could be wrong - time will tell.
All I know is the technical/cycle and fundamental economic structure don't correlate with a massive price collapse now, or even in 2030~2035.
What I see is a very big extended Wave-5 function that NO ONE is seeing.
Follow my research. This is the greatest opportunity of your lifetime.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.