As these charts show, the market too a burst upward in the past three months and has now corrected. If it goes into the Red, America is in deep-deep Trouble.
However, if it returns to the FIVE YEAR (bottom chart) Top Line and bounces, then this is the beginning of the TRUMP RALLY.
If that same chart has it bounce at the Red, then it remains the Obama Rally.
On the top chart, the Red is also the Bounce Point to remain the Obama Rally.
However, it might drift down between the Green Lines and Red ... to define the start of the TRUMP RALLY.
The market clearly ran up too much too fast ... so normal profit taking is in order.
No comments:
Post a Comment