*Timestamps below*
In this video, I apply Elliot Wave theory to the Dow Jones and speculate a potential catastrophic market collapse in 2026. In the 5 years leading up to the 1929 crash, the market rose by 320%. This time, we only need to increase by 90% to reach similar extension levels.
This is not financial advice and is purely for entertainment purposes only.
0:00 intro to Elliot Wave theory
1:25 1929 crash
2:35 Textbook Elliot wave
3:42 Market bottoms and crashes
4:35 Our current position
5:49 Factors to send us parabolic
7:37 World debt levels
9:15 Catastrophe
10:00 Wrap up
