Small HS is formed during 2015. 2016 is set to be an important year whether a larger HS is going to be formed. If it does, it is not going to look good in the following years. $100 is an important threshold to watch.
S.Q.I.D. is my SPY, QQQ, IWM & DIA average that I created to simplify.
Looking at the weekly chart and marking some common, analogous points (on chart) it would appear that this event is 3.33% larger.
The 2011 event bottomed on the 150sma. 150sma x 3.33 = 450sma. Should the comparison hold true the markets should bottom at the end of February 2016 at the 450sma...
Comparing a few of the technical patterns that occurred before and during the massive corrections of 2000 & 2008, the S&P is showing signs of another large correction looming. (Again after ~ 7-8 years of bull-run).
These types of monster moves play out over a period of months / years and therefor it would be diligent to observe these and other indicators over...
The chart presented is a Comparison of the 30 Year Bond and the Dow Jones Industrial Average. Notice how the extreme Peaks in bond prices (hitting the upper trend line) starts a strong rally in Equities and also vise versa. Its a good time to buy stocks, and short bonds. With the Feb raising rate some time in the future, I expect bond price to fall and the the...
