Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.
Wednesday, December 11, 2013
The Depression Cycle of U.S. Financial markets
Despite major indices continue to make record highs, U.S. Financials market is entering the inflection point that rhythm with the pattern, form, level of the inflection point during the Great depression. Following diagrams clearly depict the nature of their characteristics for these two different inflection points.
First, the diagram during the Great depression:
At the top of “C”, DJIA recovered to the red line of the pre- level of the Great Crash of 1929. And the form is with the blue ascending wedge.
Current U.S. Financials market:
With the blue ascending wedge, U.S. Financials start to pull back at the red line of the pre- level of the Crash of 2008, the Point of recognition of Sep 19, 2008.
15 pages report of major indices.