Frost & Prechter EW Count From Elliott Wave Principle
This chart by Frost and Prechter counts the 1929 peak as a super-cycle (III), while I count it as a super-cycle (I). My Elliott wave laabeling in in light blue.
If they're right, S&P should be now completing the super-cycle (V) of the Grand Super Cycle.
Implication? A "nuclear winter" for stocks — possibly 100+ years of decline.
