matt, is this a rule only for stock market inidices? There are
several chart examples when price just drop after going almost
vertical. Silver in 2011 or..... Bitcoin in december (see chart
gbtc). Of course there is a bounce around the MA's and price
is waiting for a proper MA-configuration before falling further.
To me it seems that stock indices are quite vertical, so why
not fall now 10 or 15 % with a shallow recovery/going sideways for
a couple of weeks for a nice MA-configuration and after that more
selling?
That would mean the bear market starts now and we won't see
those Levels for many years to come....
So my question: Why are you so confident that stock markets will
make new highs? Are the charts not vertical enough yet? is there a
missing divergence?
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
matt, is this a rule
As of this moment, two other sub systems on the ...
Posted by zwyss on 2nd of Feb 2018 at 02:43 am
matt, is this a rule only for stock market inidices? There are several chart examples when price just drop after going almost vertical. Silver in 2011 or..... Bitcoin in december (see chart gbtc). Of course there is a bounce around the MA's and price is waiting for a proper MA-configuration before falling further. To me it seems that stock indices are quite vertical, so why not fall now 10 or 15 % with a shallow recovery/going sideways for a couple of weeks for a nice MA-configuration and after that more selling?
That would mean the bear market starts now and we won't see those Levels for many years to come....
So my question: Why are you so confident that stock markets will make new highs? Are the charts not vertical enough yet? is there a missing divergence?