Updated wave structure for the Cash sp 500
Major turn is at hand Under the current wave structure and Fib relationships within the waves We have forming a Major Top The breakdown in IGV is the canary in the coal mine and The 10 and 20 year bonds markets show a breakdown forming The rotation is nearing the end of what I call the game of MUSICAL CHAIRS is just about over The RUG PUT is Close I was hoping to see One last gasp up above 7021 to 7081 midpoint 7044 zone for about nine months I have stated The top should be seen in the 6981 to 7031 I Am Happy to have seen the market Hold up But the charts show rotation ending . The market based on CYCLES is starting the weak seasonal first down leg I have a cluster of Spiral pointing at 2/9/2026 for The TOP BUT rallies are weaker and weaker So has of tonight I took a 75 % long PUTS deep in the money in the SPY for 2028 and 2027 . The blowoff it gold and silver and then the freefall shows me there is little support and change in ASSETS to roll over is started We are at a muti year trendline IGV and it should take out the april 7 panic low Easy ! best of trades WAVETIMER