This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj
Wednesday, 23 July 2014
S&P long term chart
Joanne Klein's mechanical long term trend-following system uses 10 and 50 week ema crosses for long term investment decisions
I have illustrated below and highlighted where we might be in relation to the last top.Of course it may be different this time :-)