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In Part I of this research post, we highlight how the ES and Gold reacted 24+ months prior to the 2007-08 market peak and subsequent collapse in 2008-09. The point we were trying to push out to our followers was that the current US stock market indexes are acting in a very similar formation within a...
Posted to
Technical Traders Ltd.
by
Chris Vermeulen
on
11-12-2019
Filed under:
Filed under: gold, market, Stock, es, precious, multi-part, metal, investing, land, zombie, zombieland [Edit Tags]
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This current market environment is very reminiscent of the 2006-08 market environment where price rotated into weakness on technicals and continued to establish new all-time price highs in the process – creating what we are calling a “zombie-land melt-up”. This very dangerous price...