The Wave Theory SHOWDOWN of the CENTURY is approaching a CRUCIAL JUNCTURE!

What will happen when the S&P reaches 8,600? 

On June 2, 2026, the S&P 500 reached a record closing high of 7,609. It won't be long before the S&P reaches 8,600. Why is this important? What will happen? We're approaching a crucial juncture in the Wave Theory "Showdown of the Century" between NEoWave (advanced Wave Theory) and orthodox (traditional) Elliott Wave. This is a heads-up to all Wave forecasters and traders.

First, it's helpful to understand the 2 Wave Theory "camps": 

(1) NEoWave: For decades, my NEoWave forecasts have predicted that the S&P 500 will skyrocket into the most powerful Bull market in 100 years! What's more, I expect the Dow Jones Industrial Average and the S&P 500 to nearly quadruple from their current levels in the next 10 years! NEoWave's long-term forecasts mandate that this will occur, so keep your eye on the S&P and prepare your trading strategy.

(2) Orthodox Elliott Wave camp: The hyper-Bearish orthodox (traditional) Elliott Wave camp has long been nervously warning their followers that the S&P will collapse into a Bearish, "end-of-the-world" scenario. They are warning that a major top is forming and frightening their followers into believing a disastrous global market crash is impending, even during this current rally. 

What will happen when the S&P reaches 8,600?
I have long predicted that the S&P will reach 8,600 and will continue to soar upward based on my consistently Bullish long-term forecasts. However, the 8,600 mark is the breaking point for the hyper-Bearish orthodox Elliott Wave crowd; this is their LAST RESORT because this is where they MUST give up on their extreme Bearishness. This will be the point where NEoWave proves its superiority over the traditional Elliott Wave camp!

This will be a defining moment in the Wave Theory "Showdown of the Century." This is the point where the 40-year orthodox Elliott Wave analysts will NO LONGER be able to explain the size and speed of the market’s advance anymore and will have to totally change their outlook. What will they need to change it to? They will have to step in line with NEoWave's super-Bullish forecast!

To learn more, read "Are We Headed for a 1929-Style Stock Market Crash?" (published November 12, 2025) when I dubbed this clash the "Wave Forecasting Showdown of the Century."

VIEW THE 2 WAVE CHARTS BELOW
The first chart presents the super-Bearish outlook presented by the orthodox (traditional) Elliott Wave camp for the S&P 500; notice that this scenario implies a global market crash. The second chart, NEoWave's long-term forecast, implies a powerful Bull market starting when the S&P reaches 8,600.