it can't break the continuous line...
A hug is maximum and expecting it is probably too much of a present for all the TA community.... So something disturbing in the middle is really what I would expect.
A hug is maximum and expecting it is probably too much of a present for all the TA community.... So something disturbing in the middle is really what I would expect.
i have been strategically wrong in april13 and october13.
I have been tactically wrong on oct14 when i called a crash which did not materialise when SP500 broke 2000 on the japanese qe...
NOTE: since June last year there has been only 7% upside... the market is constrained whatever impression it gives within rallies.
so "can't" has to be put in the market context.
sometimes you have strong assumptions...
I TELL YOU: this assumption has been right for a while now and I STRONGLY BELIEVE THE LINE WILL NEVER BE BROKEN OVERALL (meaning staying below 1% above in closes).
the lines climb 1% per month compounded and will be at circa 10,000 in 2030... 12% coupounded is a very big progress over time...