I find controversy in the media, but rather a spread of opinions " where will the market move" up or down.
Some cite the technical triple top argument, others believe, that we will grow and reach new heights.
Yours truly offers technical sketches and some patterns of recent decades, to have a panoramic view of the structure.
1. The market emerged from a prolonged consolidation of order 16-17 years in January 1983 and walked quite briskly, whatseen from the ascending channel.
2. 1995-d went into the lead and not without the help of the development of Internet technologies everywhere, what has contributed to improving the efficiency of corporate America.
3. After 1995, the duration of the Boom and the duration of the tops formation before significant corrections were revealed.. The boom continues order 59 Months, top order formation 7 Months.
4. The so-called ten-year cycles are shown 1987, 1998, 2007, can be approximated as 10 summer cycles.
5. Elliots can also crush their bones., seeing the ripple after 2009, but here ,normally, there is a problem with 5 wave, although you can say, at least, that we are in the last wave.
6. I want to draw your attention to how long the market can be overbought and then grow on negative divergence. This happened after 1998., when RSI fell, and the market was growing and this is where many hedge funds went down the drain at the peak of 2000.
7. Fall to 666 (devilish mark) in March 2009 it was just in the ascending channel from the beginning of the 80s. Long Live Bull Market Voice of Comrade Ben Bernack's Devil's Advocate and Green Free Wrappers , how manna from heaven fell from the `` helicopter ''.
I call this period neither Boom nor Bast, a Ben-…..is, not hard to guess. I don't mind, to be done in principle, I don't like, that all the candy wrappers have settled in the wrong place, where they would be more useful. And now you can justify any of your actions.
Output
If we assume, that the patterns will remain, then 59 months fall around February 2014, order error 2 Months, take away 7 months to form the top, it turns out somewhere in the middle of 2013 can be a potential high.
Actually, it is difficult to analyze on a monthly chart, much will depend on the next couple of months until May. Perhaps we will come back again….
If anyone else finds interesting patterns, write.
