I'm sorry but I love this chart lol Looks like the DOW is in a position to form the right shoulder of this head & shoulders formation right now.. Do we get that or do we get a double top at 14,000? Or do we get a new high at 36,000 LMAO You'll have to ask the central banks what their evil plans are to find out I guess because I don't have a f'ing clue..
The chart below runs from 1977 to the present and candles are quarterly. As a result the blue line is a 13 quarter EMA, or about a 4 year EMA..
---
Greg
No comments:
Post a Comment