Semiconductor Index on the Brink: Shocking Crash to $5,700 Imminent—Don’t Miss the Timeline!

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Stock Market SHOCKER: Will the SOX Soar to New Heights?

Get Ready for the Ride of Your Life! 🚀

In our explosive update from April 8, the SOX index was floundering in the low 3700s. But guess what? We predicted a frenzy—and BOOM! The market didn’t just dip; it took a daring dive down to $3484 and then rallied to an exhilarating $4430! Can you believe it? That’s a jaw-dropping surge of 700 points—over 19%!

Missed the Perfect Bottom by Just a Hair! 🤯

We were oh-so-close! Just 161 points off the ideal bottom target, but who’s counting when you’ve pocketed a cool 700 points? We don’t sweat the small stuff when our long-term vision is crystal clear: a wild rally to around $5,700—talk about a potential goldmine!

The Market’s Drama: What Happened? 🎢

So why didn’t the index drop as low as expected? Brace yourselves: it experienced a failed fifth wave! That’s right, the final plunge didn’t happen, leaving traders baffled. What does this mean? It’s a wild twist in the tale, folks! The traditional Fibonacci patterns took a detour, pushing us into a whole new setup.

With the market’s pulse changing so rapidly, you better be ready for anything. The secret? Keep your eyes peeled, stay flexible, and adjust your strategies fast!

The Big Picture: Brace for Major Movements Ahead! 🌪️

According to our dramatic Elliott Wave Principle (EWP) predictions, we’re amidst a monumental Cycle-4 wave, which is set to reshape everything! Fourth waves are notorious for being flat corrections—think of them as market rollercoasters!

Wave 2 was a grueling nine-year zigzag; now it’s time for a multi-year flat that’s got everyone on the edge of their seats. And guess what? This means we could be headed back to the dazzling $5,000s, with a possible gap fill around $5,700 off in the distance!

Short-Term Forecast: The SOX is Just Getting Started! 🔮

Get hyped! In the near future, we’re eyeing a potential upside to the $4550-5090 range! But there’s a catch—this ride depends on us holding above the pivotal $3963 mark. Once we reach our target, we’ll be monitoring everything like hawks, preparing to pounce on the next big movement.

Hold on tight, traders! The market drama is far from over, and you won’t want to miss a second of the action! 🎉

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Source: USD @ Wed, 7 May.