Courtesy of McClellan Financial Publications |
As you can see below, in the weekly SPY chart, is also a "W" pattern at the end of a long 7 year bull market that started March 2009.
Courtesy of eSignal |
Other hints come from the Escape Velocity, Strong Summation Index by McClellan Financial Publication and the AAII sentiment numbers, all of which have been posted here as well.
One thing is true and that is, what ever the market does, the caution light is on. Be careful and use stops!
Article information:
Link http://www.hussmanfunds.com/wmc/wmc160215.htm
February 15, 2016 Warning with a Capital "W"
By John P. Hussman, Ph.D.
The following two charts are from the above mentioned article which is highly worth reading!
Courtesy of HussmanFunds.com |
Courtesy of HussmanFunds.com |
1929(crash)+29=1958(Eisenhower recession)+29=1987(crash)+29=2016(???)
In order to calculate the correct ending date you must start with the correct beginning date !
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This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
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