There is an inverse h and s on the INDU broken out of.
Wiltshire patter is an all time new high.
SPX at formidable resistance, and this is the one which needs to break to new highs - will do eventually.
Asset allocation will likely go out of bonds into stocks.
All breadth is good in major indices.
International reserves to go into equities.
apan needs to grow their retiurement needs.
Petro dollars.
Housing money into stocks.
SUMMARY: ST A CORRECTION, BUT LT THINGS LOOK GOOD IMO.
ST/IT:
lt:
I dont know who follows LT charts, with all these short termist so called "traders"
There is an inverse h and s on the INDU broken out of.
Wiltshire patter is an all time new high.
SPX at formidable resistance, and this is the one which needs to break to new highs - will do eventually.
Asset allocation will likely go out of bonds into stocks.
All breadth is good in major indices.
International reserves to go into equities.
apan needs to grow their retiurement needs.
Petro dollars.
Housing money into stocks.
SUMMARY: ST A CORRECTION, BUT LT THINGS LOOK GOOD IMO.
ST/IT:
lt:
Ideally stocks smash down to set up a good buying opp.
