Markets are prepping for a massive collapse. You can see it here in the shares of players like Enphase. The backlink mode is below.
Current actual is below. The B wave moved up higher than initially expected but still well within model expectations. But B is finished now; the high is in an the collapse comes next. Watch and see who is right about this. The Elliott wave principle will not be denied its due.
The continued attempts by the fed to pull the stimulus will result in a collapse of the S+P 500 by 1/3 from its peak and ENPH like most other shares will be sucked down by it. Then in Q1, the fed will decide that the data says they should quit quantitative tightening "temporarily" which is fed speak for "forever". This will be the admission by the fed that they are out of control of the markets or the economy. IF they ever try to tighten, the market will throw a taper tantrum and the next one won't take as long to materialize. So that black circle is where I expect massive inflation to begin here in the US and it will be like late 2015/early 2016 for the gold miners.
Thursday, December 6, 2018
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