Posted by goldnice on 10th of Mar 2020 at 08:23 am
Global Dow Index. Monthly Chart. The trend-line from 2009 and
the start of this 11 year bull market has now been broken to the
downside. It still needs to close the month of march below the 2009
trend-line to get a true meaningful bear signal. Nice {Wave 5} Top.
Expect a huge bounce today on the payroll tax cut hype.
Global Dow Index. Monthly Chart.
Posted by goldnice on 10th of Mar 2020 at 08:23 am
Global Dow Index. Monthly Chart. The trend-line from 2009 and the start of this 11 year bull market has now been broken to the downside. It still needs to close the month of march below the 2009 trend-line to get a true meaningful bear signal. Nice {Wave 5} Top. Expect a huge bounce today on the payroll tax cut hype.
As this count is labeled
Posted by steve on 10th of Mar 2020 at 09:18 am
As this count is labeled it's not valid as Wave (3) is the shortest wave. One could adjust wave (1) to prior peak. Study the chart to see the issue
Thats not good!
Posted by 3rdmilcharts on 10th of Mar 2020 at 09:13 am
Thats not good!