its funny - over at Stockcharts two of their main chartists, who
don't often make firm forecasts about the future of the market,
have come out with firm, opposite views. Chip Anderson
is sure we're in a bear market, which I would think as well, but
Arthur Hill has decided that we are definitely in a continued bull
market. Interesting juncture we're at, for sure.
Seems like a bull wedge
$SPX weekly
Posted by EdZ on 6th of Mar 2016 at 12:43 pm
Seems like a bull wedge on the weekly.
its funny - over at
Posted by Michael on 6th of Mar 2016 at 08:57 pm
its funny - over at Stockcharts two of their main chartists, who don't often make firm forecasts about the future of the market, have come out with firm, opposite views. Chip Anderson is sure we're in a bear market, which I would think as well, but Arthur Hill has decided that we are definitely in a continued bull market. Interesting juncture we're at, for sure.
ha that is interesting Michael,
Posted by matt on 6th of Mar 2016 at 10:07 pm
ha that is interesting Michael, makes sense in this environment. An argument of course could be made for either case.
Though for the bear cash, we need more people thinking we are still in a bull market. The market likes to push the emotional extremes