XJO 0.42% 7,718.2 s&p/asx 200

wednesday the expected huge up move, page-92

  1. 17,444 Posts.
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    I can't reveal his methods but Ferrera has a long term model that I agree with in many respects if not all.

    His model was a 5 wave (3 legs)move down from 2000 into 2018 or even 2018.

    First leg 2000-2003.

    Second leg 2006-2009.

    Third leg 2013-2016.

    This is followed by a bull market into 2034.

    I particularly like the 2034 date with its Armstrong match.

    As you can see, the start of his second leg was a year out and so expecting +/- 1 year at turns is normal.

    Obviously not a precision tool but a guide.

    My view is a bit different with 2013 a low not a high but his model is US and I am thinking AUS for the 2013 low.

    Anyway just another for the collection.
 
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