I was monitoring this ratio throughout 2019. Anyone following this could've seen that Gold was beginning to take US stocks's lunch money.
You can clearly see that US stock outperformance over Gold ended in late 2018. You can then see that a series of lower highs and lower lows were formed, and you can also see that multi-year rising trend support was violated...
In nominal terms, US stocks have gone higher and higher over the last 20 and 30 years. This is priced in US Dollars.
Priced in terms of real money, stable money, the US stock markets and the US real economic growth peaked 20 years ago.
Over the last 20 years we've printed a crap-ton of money to paper over the losses and make ourselves feel richer, but it's all...
SP500 setting up for another parabolic over performance of the Russell. The blue lines are support and Red is resistance. I expect a replay of previous parabolic runs.
Not financial advice. Thanks guys.
My cycle forecast the peak feb 8 to 10 and the panic cycle 3/18 to 3/21 is near the END of the cycle the chart posted is my view the we are at a 97% buy signal based on TIME AND PRICE AND MY OWN PRIVATE MODEL I HAVE USED TO CALL EVERY BULL MARKET BOTTOM IN MY 40 YEARS I WILL NOW GIVE A 90 % BUY I WILL ALLOW FOR ONE MORE LOW BUT IT IS NOT WORTH THE WAIT OIL...
Load new bars to see the magic!
I have updated the potential length of wave C based on the length of wave A. It could either be the same length as A or 1.618 times the length of A, gaining support at 100 month sma or 200 month sma.
Russell 2000 is moving up as predicted in the post below. It appears that there is another week of upside to complete Wave 5 around 1750 after which there are two possibilities:
- Russell 2000 would have completed Wave B started in December 2018 at around 1750 and will then drop big in Wave C down to 1280 (as shown below).
- Russell is in an uptrend and the...
Please see my previous idea from July 2018 copied below. It appears that RUT followed this pattern exactly and may be now be declining in Wave C. Load new bars and enjoy!
However, the wave count on a lower timescale shown above indicates that RUT may just be in wave 4 and could move up in wave 5 before declining in Wave C, of course, if this wave count is...
First of all, I do not think this will happen, but we have to leave open all possible scenarios.
If this corona virus spreads to the US, we can expect the US market to tank like the Chinese market. The most likely pattern being the fall 2018 rate panic tank.
I do not see this happening because Trump and his buddies are already taking extreme measures...
Supports and resistances are marked with different colors time-wise and marked twice if they serve as both.
The maximum time frame is marked with the extreme left colors avaliable starting with the second one: supports, resistances and so on..
The last price is pink (extreme right)