100 Years of U.S. Equity Cycles: Are We Facing a Generational Turning Point?
The secular super-cycle wave (III) has been building since the absolute ashes of the 1929 market crash. Today, the S&P 500 is fast approaching the terminal completion of Cycle-degree Wave V.
Price has recently pushed above the critical multi-decade upper channel line connecting the 1929 and 2000 Dot-Com peaks.
Consensus calls this the birth of a new, endless bull run. But Elliott Wave principles warn of a far different outcome: The Classic Channel Throwover.
If history and structural guidelines hold:
· A sharp reversal back inside the channel is imminent.
· A prolonged, multi-year Wave (IV) correction will follow.
· The silver lining? A massive 50-year Wave (V) generational buying opportunity awaits on the other side.
"Every great cycle must come to an end."