Technically Speaking: A Different Way To Look At Market Cycles

in #markets5 years ago

The market is at a point where people are asking if we are going to keep up the pace or will the market turn.

Looking at some charts could lead one to conclude that the end is near. A couple of the charts are showing that this is looking a lot like 2007.

Markets that run up, pull back, and then move up afterward can often be a tease. There is psychological factor that leads into this.

Markets move in cycles. The problem is that human psychologically gives people a short memory.

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SP500-Weekly-Chart-031519-2.png

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Until it holds below...it is bullish and it hasn’t yet. But i am thinking the SAME way. Love it.

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