Historical DJIA chart with all the 4 parabolic "basings" highlighted with boxes...
therefore we are currently witnessing 5th wave of a parabolic rise, often the wider in range ... 100K is minimum target considering upper channel of deviation , but parabolic rises won't generally "respect" such Logarithmic Deviations.
More aggressive targets around 130/150K for a topping around the years 32/34
(in time we'll see if the accelaration starts to break the deviations or not, for now we assume 100k target within 10/12 years)
Note: analysis is valid for SPX as well!
therefore we are currently witnessing 5th wave of a parabolic rise, often the wider in range ... 100K is minimum target considering upper channel of deviation , but parabolic rises won't generally "respect" such Logarithmic Deviations.
More aggressive targets around 130/150K for a topping around the years 32/34
(in time we'll see if the accelaration starts to break the deviations or not, for now we assume 100k target within 10/12 years)
Note: analysis is valid for SPX as well!
