We are on the underbelly of this long term trend line. I don't think we will break above it. All thoughts are welcomed. Thank You
We are slightly above that long term trend line. I would consider this a overthrow. Once complete we will have a massive selloff. All thoughts. Are welcome Thank You Plus RSI 89 on the Weekly!
On the weekly chart the number is closer to 3345 range! I think unemployment rate has hit a low of 3.5% or it might go down just a smidge more. Remember once unemployment rate climbs by .05 1/2 of 1 percents. We are in a recession. Naturalization rate is 5% once the economy goes below that number its hare for us to stay below that number for greater then 3 - 4...
Right now we are almost at the line on the underside which is about 3301. 1936 - 1954 ----------- 16 years below that line 1970 - 1995------------ 25 years below that line Jan 2008 to Now------ 12 years below that line I think we stay below that line for longer! Wilshire 5000 to GDP is almost the same as the Dot.com Bubble Current price to sales ratio is equal to...
We tried breaking above that long term trend line and so far we have fallen back below it. Also we are in the channel line of the short term time frame. I think this should resolve to the the downside shortly. All thoughts are welcome. Thank You
The top line is the long term line since 1981! If apple breaks below $ 280.00 near term we know the trend has changed. On the other hand I think we hit major resistance at the $ 296 - 299 area. All thought's are welcome. Thank You
This chart includes all the throw overs! Please note that the monthly RSI has been weaker with each rally! $ 296 ish is the top of the long term line. On the weekly RSI right now we are close to 86! In my opinion I don't see to much more upside here! I will also post a shorter chart to show more information. All though's are welcomed. Thank You
This chart here is the same chart as before EXCEPT this one counts all the throw over highs. The reason I didn't throw this one up before, I didn't think we would make it that high. My mistake! I should have counted all possibilities. I was wrong but at the end of day it should not matter too much! 2012 surpassed by $ 1.30 it was impossible to exclude that...
This is the only other pattern in the history of the S & P 500 where the trend line looks like today's situation. All thought's are welcomed. Thank You
Look at that line it broke below then it tried to break above it then it gave away. All thoughts are welcomed. Thank You
What's interesting is that we broke the trend line a year ago and so far we have not been able to break above that trend line. I think at some point we will exhaust from trying to go through that line and we will drop! All thoughts are welcomed. Thank You
Going back 1983 it broke above then crashed! 1987 it broke above then crashed! 2012 it broke above 2 times then crashed! Do you think this time will be any different? Thank You
We are now in a throw over of that long term line! We are now on borrowed time. The upside from here is extremely limited! All thoughts are welcome. Thank You
It looks like another failed attempt. This is the 3rd time over the past week that it has tried to break this long term line. As I said before it might just follow this line for a bit until exhaustion. All thoughts are welcome. Thank You
Just having some fun. Let's see if it follows. Thank You
Now you have and instant winner! LOL 30 year trend line that it did follow. AAPL has a better look since 1981! That's still pretty impressive! All thoughts are welcome. I think this company is toast! LOL
I don't think we are going to reach the long term trend line in this cycle! It actually looks like the same cycle as it did back in 2007 when it didn't hit that long term trend line. I'm sorry not and instant winner in this cycle. Lol
The line moves up to $ 282.70 give or take by the end of this year. Remember this is a very long trend line. Either we just follow this line until exhaustion or one final throw over! Either way a long term high will be in place for a very long time! All thoughts are welcome. Thank You