Equity Trader, Investor, Founder of Traders Club/True Vine Capital, Inc. (Stock Market Trading & Analysis) Since 2012 | CFO/Owner of Lucky Klover, Inc. (Facilities Services in MN) Since 2001--started as a Janitor, and later, founded the company with his Father.
Today's Analysis: * Dow 1962 vs 2020 * S&P 500 Primary-Term Trend Analysis * S&P 500 Short-term Trend Analysis * S&P 500 Possible Scenarios going into the next few weeks
Today's Analysis: * Long-term uptrend update * Monthly candle update * Are we stabilizing in the market? * VIX Analysis * NASDAQ secular bull-market declines and recoveries * Dow Jones 2020 vs 1962 Update
NASDAQ 1970 To Present
We all love to be part of the prolonged bull market that could last up to 20 years, and create wealth that could last life time.
That's exactly what happened in 1980 to 2000 after it broke out of the secular bear market in early 1980s....
THE SETUP
Dow Jones Industrial Average ETF (DIA) is now trading back at the breakout level at high 270s.
What a gift!
I actually thought that we may not see this level ever again this year, but surely I was wrong, and here we are at 270-level today on DIA.
...
Breakout
I am long on Intel (INTC) since 35.05, and I have been aggressively accumulating on the pullbacks ever since.
Since my first analysis back in 2016 (see chart), I've been targeting the new all-time high level and beyond, which, we are getting close ...