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Hi, Do you have a long term SPX chart with channeling from 2009? I tried to find it in your old posts, but couldn't . If you've it handy , please post.
As of now , I think money is flowing into bonds and with ECB QE, it'll be more into bonds than stocks to create bond bubble similar to what happened in 2008 time, till then Equities do sideways or drop a bit.
I'm seeing Oct of this year for Equities to pick up again with possible rate raises.
Here it is. I reckon the 4th hit on the lower band will break it down which also will be the end of this massive rally from 2009. Don't know about October. It's too long term for me to comment.
Hey B, thank you for this post also containing USD data!
ReplyDeleteHave a great day! :)
Hi,
ReplyDeleteDo you have a long term SPX chart with channeling from 2009? I tried to find it in your old posts, but couldn't . If you've it handy , please post.
As of now , I think money is flowing into bonds and with ECB QE, it'll be more into bonds than stocks to create bond bubble similar to what happened in 2008 time, till then Equities do sideways or drop a bit.
I'm seeing Oct of this year for Equities to pick up again with possible rate raises.
Thx
Here it is. I reckon the 4th hit on the lower band will break it down which also will be the end of this massive rally from 2009. Don't know about October. It's too long term for me to comment.
ReplyDelete