I wonder what are the chances that our "locomotive" will stop all of a sudden just here:
If it reaches this upper ML it will not only retrace the whole 2008 debacle, but also should get to this downsloping parallel on the monthly chart, which marked the 2007 top:
I simply don't see any meaningful targets in between...
RO
roofer
Rep: 3,689
Posts: 3,574
i will be shocked, shocked i say, if we do not see new highs off the geometry.... short seller going into hibernation...









