The chart speaks for itself, I expect about 75% increase of DJI relative to SPX. Same happened in 1995-2000.
Note
I didn't mean 1995-2000, but 1895/1896-1900 and also between 1903-1919. But the important thing is that he broke out of the descending triangle in 2001 and the re-test has happened recently (AFTER 23 YEARS LOL). Please note that this is a very long term situation.Note
If I connect all the higher highs since 1981 and extrapolate them, you see that the 'final peak' will be reached approximately in 2030/2031.
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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.