Tag Archive for: #MYSTERY

My choice for the next major bull market — target of $17,000 per futures contract

 

But it is up to you to figure out what the market is.

Once every few years a market sets up whereby the fundamentals harmonize with the longest-term chart, which harmonizes with the weekly chart, which harmonizes with the daily chart.

The quarterly chart shows that this market completed a 34-year base in 2008.

5.20_quarterly

The weekly chart shows that the market formed a 42-month triangle that retested the massive 34-year base. This triangle was completed in 2012.

5.20_weekly

The decline since September 2012 has served as a retest of the completed triangle. The daily chart displays a possible 8-month continuation rounding bottom pattern. A decisive close above noted upper boundary of this pattern would set the stage for a magnificent bull trend. The target of this market set up would be a move equal to $17,000 per futures contract.

5.20_daily

 

#??????, #MYSTERY