Make All Markets Like This
One of the few broad charts that has been in a clear, defiant, screw-the-bulls downtrend has been emerging markets. Every attempt to artificially prop it higher has been smacked across the skull with a sledgehammer, and even yesterday’s ill-fated attempt to fake out the public has yielded nothing more than an island reversal pattern. If only everything else could look like this. Seeing the Nasdaq wiped out over the next five years would sure put a smile on my sour face, plus it would lighten up traffic where I live.
(Click on image to enlarge)
Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...
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