Searching For Longer-Term S&P 500 Support

Searching for longer-term support

Near-term: macro-analytic view:

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Long-term: Elliot Wave view:

The longer term Elliott Wave Analysis below) is suggesting that the Right Shoulder may be higher than shown above. NOTE: The Wave 5 lift from the Neckline is not shown below. It requires a larger scale which we have shown in previous posts)

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Longer-term: Fibonacci extensions with MATASII HPTZ's: 

The MATASII Fibonacci's suggest that Wave 5 (rising from the Wave 4 Neckline shown above) will end at 3050 in the 2022 time frame. From here amulti-decade Fiat Currency Collapse will likely ensue.

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Consolidation the above views: Together they are presently signaling the following potential longer-term pattern:

(Click on image to enlarge)

Disclaimer: Information herein was obtained from sources which Mr. Long believes reliable, but he does not guarantee its accuracy. None of the information, advertisements, website links, or any ...

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