A hug is maximum and expecting it is probably too much of a present for all the TA community.... So something disturbing in the middle is really what I would expect.
Comentarios
pivotanalytics
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how many times have you been wrong?
rmwallner
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Plenty of times. The key is to being right more often than wrong.
rmwallner
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It can't? That type of mentality is a recipe for disaster. The market can do whatever it wants.
jangseohee
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which is why i never wait and often jump the gun abit early :-)
YaKa
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everything is possible in the market....
so "can't" has to be put in the market context.
sometimes you have strong assumptions...
I TELL YOU: this assumption has been right for a while now and I STRONGLY BELIEVE THE LINE WILL NEVER BE BROKEN OVERALL (meaning staying below 1% above in closes).
the lines climb 1% per month compounded and will be at circa 10,000 in 2030... 12% coupounded is a very big progress over time...
maximus71
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Now we see all the same for us indexes....the question at 1 million is when...?
jangseohee
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you can wait for follow thru.. if you want more confirmation
elp
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There is also a long time channel the sp500 has been trading in 1950-2015 logaritmic chart. Price is currently at it's center channel trendline which has been support and resistance in the past. In 1987 price broke it as resistance, yet it couldn't hold it as support and resulted in the crash of 1987. In the 90's price just powered through it and a huge rally started as a result. I agree, big resistance here. If I am wrong i must be not seeing something everyone else is with the current bull market.
elp
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elp
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Short term the rate of change quaterly, monthly and two week is all pointing up atm. The profile is not similar to last October and in fact is the exact opposite. The the ROC rolls over there will be chances to enter the short.