2017-03-14
Possible halfway pattern to the upside:
Possible IH&S:
Price on weekly chart breaching the SMA 100 for the 1st time since 2007:
A larger possible longer term IH&S, neckline roughly equal to SMA 100 on weekly above:
LH & RH shoulders of the possible IH&S above are nice wedges IMO:
If price were to clearly breach the SMA 50 on the quarterly I think it would be hugely significant
given that it hasn’t happened since 1985:
Channel with Grundlach & Gross’ “stock market danger” levels:
Yearly chart just for MACD & MACD histogram: