A sneaky expanding diagonal for cycle wave 5 with a blow off extended 5th primary wave (final wave) makes the most sense to me. If that's what we are seeing right now, SPY might possibly hit low 700s in the next couple of years. Gold might pull back to low 200s in the meantime for a choppy wave 4. My plan is to switch from equities to gold at spy 700. Not a financial advice. This post is for educational purpose only
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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.