Looking at the 90’s that looks like a strong 3rd wave with a big throw over.
Current looks like we completed wave 5 (S in the picture lol)
We should go way below the blue average line .
Target 5000 – 6980
The Federal Reserve will keep hiking and the 4 Percent today is way way below inflation and its a joke.
They will raise the Fed funds rate to 6 – 9 Percent if they are truly serious about beating inflation .
All comments are welcomed.
Thank You