Rocky took some many punches and kept coming back. Fighting the trends highlighted below might be a little painful to the pocketbook.
Below looks at three broad-based indices on a monthly basis over the past few decades-
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Breakouts continue to take place in each of these broad-based indices at each (1).
Until these indices reflect weakness and break key support lines, might not be worth fighting these price trends!
Why you see chart pattern analysis with brief commentary:
There is a ton of news and opinions about markets and stocks that make the decision-making process more difficult than it needs to be.
I believe the Power of the chart Pattern provides all you need to see what is taking place in an asset and determine the action to take.
This approach has worked well for me and our clients and I encourage you to test it for yourself.
Send an email if you would like to see sample research and take me up on a trial of our Premium or Weekly Research where I provide actionable alerts on breakouts and reversals in broad market indices, sectors, commodities, the miners and select individual stocks
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