A little history lesson never hurt anyone. Could we have the perfect storm melt-up scenario? The Dow basically doubled in two years into this melt-up.. history to repeat nearly 100 years later? I would not dismiss the possibility with our seemingly endless money creation practice..
Comment:
moved a few things:
Comment:
overlay bars
Comment:
This does not change my strong belief that we will have a deeper correction. I think the above is quite possible but perhaps it begins after mid 2020.. I have too many strong technical forecasts showing a 30% correction in equities. After that? Can we blow the top of this pattern and keep going? Yes.