*Excerpt from the PART 1 (March 12th)
MY THOUGHTS
We are still dealing with the extremely negative fundamental data that has been pouring in continually since the Covid-19 pandemic started--seems to get worse everyday.
Despite of all that S&P 500 ...
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.
...