The purpose of this blog is to provide a unique insight into trends that guide market prices. It is intended to educate and show you characteristics about the stock market, of which, the so called "professionals" have no clue. Traditional technical analysis is almost completely worthless and that is one of the main reasons for the creation of this blog. If you enjoy market analysis and information that you will find nowhere else, this blog is for you!
Thursday, November 14, 2013
Market's Last Gasp
This move higher might not last the day and I am almost certain it won't last until the end of the month. The extremes in the markets are rivaled by only a handful times in history and all of them were multi year (sometimes decade) tops. I could post a hundred charts that show the exact same situation technically. But all I need is two of the most important stock market index.