SPX500 full 3 wave cycle complete on election year

2016 Trump election victory initiated a bull run after 2150 resistance level quickly flipped to support and never looked back. Later 2450 resistance flipped to support during the 2018 market crash. Lastly Covid-19 stress test confirmed 2150 as a mega support at the same time completing a full 3 wave cycle. I expect an intercycle hiatus of sideways movements, as late longers get punished, and uncertainty will begin to permeate markets as we approach 2020 elections. Elections=pivot point.