up to date look at this important ratio, not financial advice
New model, new perspective. There is a strong trend line from 2008 unloading our current bull run onto a more sustainable growth trend line. We could run up to retest the more bullish original trend for another 5 years or uncouple and comfortably follow the+10% annual growth trend midline for several years to come. Maybe the recession sentiment is too strong.
Markets can be impractical and right now the narrative is inflation and speculation with ratios mostly at higher than average, unfavorable levels. However the trend is your friend and the momentum could continue through another shakeout. What we all want is a nice, big, juicy, tasty bottom 🍑. This ain't it, not even close. Not financial advice.
A picture is worth 1000 words. I post a lot of these long term charts but it's so fun I can't stop. As the inflation narrative continues pushing up prices and accelerating mania could we find ourselves in a massive deflationary de-leveraging credit crunch trend? Conquer the crash 2020
Ratio of these two assets with a long time frame. Important to realize we feature both the inflation of the 70s and the crashes of 2001 and 2008 to reference as extreme levels of sentiment. Still room for SPX to run before hitting the basement or maybe gold declines or they meet in the middle, but the trend is running low on technical space. Thanks datadash for...
The fork was built on weekly resolution which effects presentation in monthly view. Does this alter your perceptions? Can the market go up forever? What's the headline coming up in the next couple weeks? Hopefully nothing. I heard there is ATH leverage across the market, dangerous times for capital if we do not prepare. Just for fun, not financial advice.
Looking very 1999 toppy, compliment for my next post
always good to contradict ourselves for perspective sake. this is a a possible bear case scenario if the capital S really hits the fan with the coming eviction news and corona variants mixed in with more lockdowns or other new black swan. the govt is low on dry powder for stimulus and protections. many of you might agree the downtrend is overdue. this is all for...
I do this because it's fun, not financial advice. Anything is possible but TA shows what's probable. These trends land near presidential inauguration days. It seems probable that there is more gas in the tank for stocks and we will get a 1999ish finish in 2029. Is blockchain involved with the potential echo? We will see. "History doesn't repeat itself but it...
Using support/resistance, rsi, and Shiff fork we can gaze into the crystal ball for entertainment only.
A happy little Peter Shiff fork reveals some valid price levels. When compared with rsi trend lines we see potential for continuation. Altho long rsi average broke the top band it could be a correcting bump of exuberance versus a full cycle top. Looking at $125k Christmas top.