Elliott Wave Update ~ 13 July 2022

Let’s throw this up and see if it sticks. But in my heart, I’m rooting for a total market crash. The subwave count of [ii] of 3 of (3) implies we are close to that point.

Short term rates. The market is at least .75 points behind the market. The green box projects a 1 point raise.

It’s getting out of hand. Even only 3% rate will bankrupt the government. Its coming folks. That which cannot go on forever, won’t.

God is forever, this Ponzi market is not.