maccabean
Short

Expect Capital Outflows to Newly Opened Chinese Market

DJ:DJI   DOW JONES INDUSTRIAL AVERAGE
We're about ready for at least a minor correction from a very unexpected spike up after a pull back in October. Geo             political worries will also take its toll on the market. The market is at the top but $74 a barrel of oil             tells me that the fundamentals don't support the price.
Hello Maccabean,

Nice point regarding the Chinese stock market & Shanghai/Hong Kong Connect , The outflows would not only be Americans! but the developed world! Cashed up ready to shift in a heart beat! I totally agree with your view point, This parabolic run is very rare on an Index like the DOW, It happened going into 1987 Top as well 1999 & 2000 tops......The only time before this was 1929! My Technical's have hit my bulls-eye on the Daily......Don't forget QE3 ending.....Co-incidence! we will have to wait and see:)
Possible EP formation with 3 drives terminating at P5
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Didn´t think of that. TY for the chart!
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