This is a period of recession, a period when hands change. Last becomes first and first becomes last. Curiously, if you mix and match the main indices, you will get bored of the same shape appearing over and over again. They all appear in the same period. This stuff is hidden in plain sight...
NDQ vs DJI
SPX vs NYA
NDQ vs RUI
RUI vs NYA
RUA vs DJI This one is full of small HnS. A little rough but okay.
And an extra speculation: DJI vs SPX
Question: Where do all these HnS lead to? Who is the final recipient? Since all these charts are comparative to one another.
Tread lightly, for this is hallowed ground. -Father Grigori
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Spoiler alert, the winners are DJI and NYA. Wall Street and Blue Chips for the win I guess?
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VVIX/VIX proves a neat SPX tracker.
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The violation of this trend marks the end of QE. This shows the true effect. I hope you all understand it. With Green and Red arrows, I have marked the points I used to draw the rays.
These long-term rays, prove as significant resistance. Hitting one of them, was a fundamental reason the Black Monday was so severe.
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SPX/DJI appears to be backtesting a broken H&S Pattern
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SPX vs NYA In bubble periods, this chart bubbles. As expected, in recessions this chart deflates. This happened back in the 2000 recession, which shares many similarities to now.
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This particular party, is ending... Proof is contraband.
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