racethehare

DOW 40k - April 2021

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DJ:DJI   道瓊工業平均指數
See my perfect call from last year on the Stop Hunt against all odds.

History Repeats. Remember the Regan economy? It's been 25 years since we've had a pure unadulterated bull run (thanks to structural control) with a working-class train that cannot be halted.


Fundamentals: Huge job numbers = millions of shiny 401k's. Regulations and red tape being slashed like a fire-sale on black Friday. China deal (even though we don't need it) The lid is about to blow. Do I even need to mention the return of the strong USD? The key to long-lasting growth is to get a handle on the debt within the next 6 years, and eventually turn it into surplus (dividends for all?)


Technicals:
  • New Economic Support reached. This is just a solid fact
  • zero down trend in sight (talking heads finally admitting it)
  • support above the middle pitchfork trend (red dashed line)
  • similar formations and indicators from 1995 (huge fractal)
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