Local structures (not shown), in confluence with Bitcoin and S&P counts, make it more likely that we're in the x wave of w-x-y-x-z that started March 2024. If it plays out the triple zigzag, I expect the move to play out till end of 2025, possibly middle of Fall to end of the year.
Time-wise, that'll put it at around 1.382 Fibonacci extension from the 2019-2022...
Bullish outlook. There's a chance that the impulse wave 3 may become C and top out at 200 daily MA. But, for short-to-medium outlook, I'm biased to being bullish strictly looking at Elliott Wave counts, $DXY, oil, commodities, equities, gold, order flows, etc. (i.e. the charts) despite the dire macroeconomic outlook on inflation, recession, the war, China housing...
