StockBoardAsset

Socionomics: US Population Mood will whipsaw in triangle

FX:SPX500   S&P 500 Index
1
An ascending triangle started construction in the early 2014 timeframe and will continue to about 2019. The APEX of the Triangle is in the 3Q19-4Q19 Timeframe. The amount of whipsaws to generate the ascending triangle will enable the balance area to mature, then an imbalance will occur. Socionomics tell us Euphoria in the marketplace came and gone from 2009-2015. Now as the triangle constructs, we feel US population mood will whipsaw.

So, expanding on this thesis, does that mean $DIS will have trouble with product placing movies to match US population mood?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.