Mini SP500 Intraday Record High Update

The SP500 is now developing a small degree double top which I can fit into a diagonal 5th wave.  Even now another spike to the upside can still happen.  A correction is coming and it will be bigger than the majority are expecting.  The “Market Gremlin” will raise a shit storm in the next few years as a financial earthquake is coming.  All those pretty “Green”  numbers in a bull market,  turn to “Red” in a bear market.  If you think that a few $300-$400 billion going up in smoke in the Cryptos is a big deal then, you haven’t seen nothing yet as $20-$30 trillion will go up in smoke once the markets hit the “Real” bottom.

Just for starters the entire 2018 rally has to get retraced, followed by retracing the entire Trump rally as well. Two years worth of gains will disappear in a blink of an eye, so don’t fall asleep being complacent with the majority. Investing with the majority will get you the same results as the majority get when the “Big Bear”comes a knocking. The real bears are not going to be so nice, as there will be no knock as they will just smash through the front door.

In this world you are a contrarian or you become the victim, so you do have a choice.