If the panic continues early next week we could have the setup to finish the drop into the 7 year cycle low with an 87 style crash event.
Gold appears to have completed it’s daily cycle low. It needs to rally violently to $1140 in the next couple of days or this will just be another bear market rally.
I doubt we’ve seen a final intermediate cycle low for stocks or oil.
The more the PPT meddles in the market the worse it’s going to get.
Oil probably still has another couple of weeks before a cycle bottom, but once that low forms there’s a good chance that will mark a final 3 year cycle low.
Gold appears to be moving down into a daily cycle low.
Extreme right translated multi-year cycles are not how extended bear markets begin. They often end in some kind of crash, but bear markets don’t start with a crash.