Testing Williams strategy on monthly graph -> First long entry on the long bearish bar in March, 2015 - $1.05-06. Adding to long position in November, 2015 below the low of the October red bar - $1.09-10.
The last 3 market cycles have something in common - they all seem to last for about 7 years with a rising trend for the first 5 years and a consecutive decline for the next 2. Irrational exuberance or?... Some arguments for reflection follow: 1) rising USD would/should hurt U.S. equity earnings in near term. If innovation does not negate the effect of rising...
This monthly chart of IEF - an ETF that tracks the performance of 7-10y U.S. Treasuries, shows that despite the media talk about rising rates, the upside trend in treasuries could have some more time to go before starting to go south. The MACD is positive with no bearish divergences, the Stochastic is still not entirely in the overbought state. Basically no...