In your opinion, what does this blog need more of?

Thursday, November 21, 2013

Ritholtz would like to know what technical analysts think of this chart


Ritholtz - Merrill's secular road map, wherein we are provided with this chart:


If there are any technical analysts still reading this blog, maybe you can explain that chart? It does indeed look like a breakout after a long consolidation, and does indeed seem to target 2300 or so.

That certainly looks like the start of a secular bull market to me.

I mean, TA isn't wrong, is it?


No comments:

Post a Comment