- Analog time...do these Dow Industrial charts look similar (ignoring flash crash)?
- If it plays out the same...BIG if...it's bad for the bears short term but good longer term.
- The top chart is the end of 1976 and the middle is current.
- 1977 was not a good year for stocks (JAN 77 - MAR 78). Dow went from 1007 to 737.
- To dream.
June/Q2/H1 settles
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US equity indexes mostly closed on a positive note, SPX +31pts (0.5%) at
6204. Nasdaq comp' +0.5%. Dow +0.6%. The Transports settled -0.6%. R2K +0.2%
SPX...
8 minutes ago
The 70s was a wave 4 at one lesser degree of scale from GSIV. *Tons* of similarities...
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