KrunchieKilleen

KrunchieKilleen

After a severe correction in 1999, Bank of Ireland trended strongly upwards between June 2000 and Dec 2006. 2007 to 2009 saw thc company wiped out. After a brief and strong revival in 2009, the share slumpe back to the floor. The 15-day Moving Average (coloured pink) gave warning of threatened down-swings throughout this history, including a warning of an imminent...

KrunchieKilleen

Three Moving Averages are shown on the chart: 100 day, 50 day and 15 day. It can be seen, in general terms, that when the share price of Apple, from the very start, moved strongly above its moving average, it always suffered a correction that brought it down to earth. Since 2004, however, it has escaped from its 100 day moving average, and even, though not quite...

KrunchieKilleen

History of the Euro to the present had it oscillate around $1.375.The 2008 to 2014 simple Resistance Line (obtained by joining the peaks) now intersects this value. The downswing from here may reach no lower than 1.30 before swinging back to 1.35, but the trend will be downward and a new norm may emerge at a lower level.

KrunchieKilleen

The chart shows the Dow Index and its 50-day Moving Average since 1915. I have encased the Secular Bears that occurred in the period in amber boxes and used purple boxes to highlight corrections that have happened when the share price moved sharply above the Moving Average. Perhaps the recent Secular Bear ended in 2008 and we are now in a Secular Bull Market. Even...