I hope this farther out view helps some people.
I see a repeating upward channel/wedge that lasts for years. When the bottom of pink channel is broken, long term downtrend begins.
The blue wedge is coming to a point in 2022. There is NO way it lasts that long.
Multiple indicators are pointing to exhaustion.
Please feel free to comment, ask a question, throw up a chart, like, or follow. I appreciate all comments.
I am not a financial advisor. This is my opinion and based on what I do.
I see a repeating upward channel/wedge that lasts for years. When the bottom of pink channel is broken, long term downtrend begins.
The blue wedge is coming to a point in 2022. There is NO way it lasts that long.
Multiple indicators are pointing to exhaustion.
Please feel free to comment, ask a question, throw up a chart, like, or follow. I appreciate all comments.
I am not a financial advisor. This is my opinion and based on what I do.
註釋
Story " The ‘mother of all bubbles’ could blow up the economy if profits don’t improve, warns Blackstone strategist "marketwatch.com/story/the-mother-of-all-bubbles-could-blow-up-the-economy-if-profits-dont-improve-warns-blackstone-strategist-2019-11-04?siteid=yhoof2&yptr=yahoo
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