Using my strategy of the 21ema and the 200sma on the Quarterly Chart (3 Months per candle)
The 21ema is starting to flatten out = Range
The 200sma is rising = Bullish Long Term Trend
This entire Secular Bear Market is a giant 20,000 point range with highs and lows on both sides. The market needs time to cool off after having a near 20 year bull run. After this consolidation period around 2041, I am expecting another massive bull run to minimum Dow Jones 150,000 and even up to 500,000
I am basing my entire thesis on the 60s-70s template
The 21ema is starting to flatten out = Range
The 200sma is rising = Bullish Long Term Trend
This entire Secular Bear Market is a giant 20,000 point range with highs and lows on both sides. The market needs time to cool off after having a near 20 year bull run. After this consolidation period around 2041, I am expecting another massive bull run to minimum Dow Jones 150,000 and even up to 500,000
I am basing my entire thesis on the 60s-70s template
Note
Trend analysis on the quarterly chart using the 21/200 moving average strategy. Range Consolidation pattern pulling back into the rising 3-month 200sma
Range Expansion targets of 1.5 = 101,000
Note
This is my trade idea on the weekly entry time frame. I will add with the declining 21ema on the weekly. Note
Something like this back in 1969. Ride the down trend all the way down to the monthly 200sma
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Related publications
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.