SPX major deflation coming. Possibly Wave 5 flush to 1850-1900.

Major deflation coming. We had a fast market melt up because of oversold conditions, which is normal during a bear market. Nasty economic data and with unemployment skyrocketing, it's time for another leg down. One big flush to 1850-1900 on SPX. Will most likely take bitcoin, gold and silver down with it because of margin calls.

Don't take this as financial advice, as the FED is pumping trillions in these markets and manipulating. Always make your own research.