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NASDAQ 30,388? S&P 8392? SNDK 1532?
Started by
gemx
, Apr 30 2026 10:31 PM
1 reply to this topic
#1
gemx
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#2
CLK
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Posted 03 May 2026 - 08:59 AM
Though I respect the Elliot work, BTC is in a seasonal 4 yr bear market, just like the last 4 times, my target is 25k-30k by December.
At the April 2025 lows I immediately turned bullish with a measured SPX move target of 7600, when we stalled at 7k I thought it was done, but it's proving it wants that 7600 number before this stops. Maybe this is 3 of 3 but I favor the 5th wave setup simply because the last 2 BTC bear markets, 2018, 2022, SPX was down as well, April is a bullish month for BTC in a bear trend so this is no surprise. For SPX and BTC to print a gain for the year would be defying 12 years worth of BTC 4 yr cycles that operated like clockwork.
At the April 2025 lows I immediately turned bullish with a measured SPX move target of 7600, when we stalled at 7k I thought it was done, but it's proving it wants that 7600 number before this stops. Maybe this is 3 of 3 but I favor the 5th wave setup simply because the last 2 BTC bear markets, 2018, 2022, SPX was down as well, April is a bullish month for BTC in a bear trend so this is no surprise. For SPX and BTC to print a gain for the year would be defying 12 years worth of BTC 4 yr cycles that operated like clockwork.
Edited by CLK, 03 May 2026 - 09:02 AM.
