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General Daily News Discussion

Folks, this looks strikingly like an Elliott Wave. We can likely forecast the speed and timing of the final peak using Elliott Wave technical analysis.

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Folks, this looks strikingly like an Elliott Wave. We can likely forecast the speed and timing of the final peak using Elliott Wave technical analysis.

View attachment 62
Some data based on an Elliott Wave alanysis:

Extended Projection Table​

Elliott Wave PointApprox. DateSpeed (km/year)Notes
Wave 1 Peak194715.2First major acceleration peak
Wave 2 Low19706.4Corrective retracement
Wave 3 Peak200455.0Strong impulsive advance
Wave 4 Retrace Zone (50%)2022-202530.7Typical deep retrace
Wave 4 Retrace Zone (33%)2022-202539.0Typical shallow retrace
Current Area (assumed Wave 4)202536.5Inside reversal zone
Wave 5 Intermediate Target202743.0Early recovery
Wave 5 Intermediate Target203055.0Retest of Wave 3 high
Wave 5 Peak (0.618 Extension)203366.5Conservative Elliott target
Wave 5 Peak (100% Extension)2035-203885.1Equal-length Wave 5

Here are the pole shift speed projections under the various scenarios:
ItemCalculationResult
Wave 2 Low6.4 km/yr
Wave 3 Peak55.0 km/yr
Wave 3 Length55.0 − 6.448.6 km/yr
Wave 4 Level (Current)36.5 km/yr
0.618 Extension36.5 + (0.618 × 48.6)66.5 km/yr
1.000 Extension36.5 + (1.000 × 48.6)85.1 km/yr
1.618 Extension (Aggressive)36.5 + (1.618 × 48.6)115.1 km/yr

And here is the timing:
ScenarioTarget SpeedApproximate Date
Conservative Wave 566-70 km/yr~2033
Standard Wave 5 (100% of Wave 3)85 km/yr~2035-2038
Extended Wave 5 (1.618×)110-115 km/yr>2040
 
Some data based on an Elliott Wave alanysis:


Extended Projection Table​

Elliott Wave PointApprox. DateSpeed (km/year)Notes
Wave 1 Peak194715.2First major acceleration peak
Wave 2 Low19706.4Corrective retracement
Wave 3 Peak200455.0Strong impulsive advance
Wave 4 Retrace Zone (50%)2022-202530.7Typical deep retrace
Wave 4 Retrace Zone (33%)2022-202539.0Typical shallow retrace
Current Area (assumed Wave 4)202536.5Inside reversal zone
Wave 5 Intermediate Target202743.0Early recovery
Wave 5 Intermediate Target203055.0Retest of Wave 3 high
Wave 5 Peak (0.618 Extension)203366.5Conservative Elliott target
Wave 5 Peak (100% Extension)2035-203885.1Equal-length Wave 5

Here are the pole shift speed projections under the various scenarios:

ItemCalculationResult
Wave 2 Low6.4 km/yr
Wave 3 Peak55.0 km/yr
Wave 3 Length55.0 − 6.448.6 km/yr
Wave 4 Level (Current)36.5 km/yr
0.618 Extension36.5 + (0.618 × 48.6)66.5 km/yr
1.000 Extension36.5 + (1.000 × 48.6)85.1 km/yr
1.618 Extension (Aggressive)36.5 + (1.618 × 48.6)115.1 km/yr

And here is the timing:

ScenarioTarget SpeedApproximate Date
Conservative Wave 566-70 km/yr~2033
Standard Wave 5 (100% of Wave 3)85 km/yr~2035-2038
Extended Wave 5 (1.618×)110-115 km/yr>2040

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