Good morning,
MSFT is the stock that offers us a glimpse on our future with a stunning degree of clarity.
What I see on this monthly chart is a gorgeous flat correction, which has completed its red A wave, now completing its red B wave, stopping right at the required level of 0.886 w(A) retracement, and is supposed to head down in a few days together with SPX. What's should follow will be either a decline to the earlier lows (14.9) or at least a correction to 40 handle followed by a new top.
Over the course of the next few months we will have the pleasure to observe the new movement unfold, and in the case the latest top of ~55 is not bettered, we are set for a multi-year decline, which should conincide with the crash of our modern economy based solely on hyperbolic growth of debt and unstoppable money-printing.
MSFT is the stock that offers us a glimpse on our future with a stunning degree of clarity.
What I see on this monthly chart is a gorgeous flat correction, which has completed its red A wave, now completing its red B wave, stopping right at the required level of 0.886 w(A) retracement, and is supposed to head down in a few days together with SPX. What's should follow will be either a decline to the earlier lows (14.9) or at least a correction to 40 handle followed by a new top.
Over the course of the next few months we will have the pleasure to observe the new movement unfold, and in the case the latest top of ~55 is not bettered, we are set for a multi-year decline, which should conincide with the crash of our modern economy based solely on hyperbolic growth of debt and unstoppable money-printing.
