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Sunday, May 5, 2024

Trend lines that Thou shall not PASS !

Courtesy of Read the Ticker.

trend-lines-that-thou-shall-not-passOr should that be ‘Thou shall not pass … pretty please’ Janet Yellen.



If there is a MARKET CRASH, then these are the charts BEFORE the event!



A fellow country man made this little movie, and a great line went like this…






These trend lines must hold!



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SP500




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COPPER






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CRUDE




This writer view, these trend lines will be BUSTED in 2016 as oil is going to $25 or lower with new IRAN oil in the shops!









NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



..”Mathematical science, which is the only real science that the entire civilized world has agreed upon, furnishes unmistakable proof of history repeating itself and shows that the cycle theory, or harmonic analysis, is the only thing that we can rely upon to ascertain the future.”..



William D Gann





..”Until an hour before the Devil fell, God thought him beautiful in Heaven”..



Arthur Miller, “The Crucible”

 [Contrarian Investing]











Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks.



Bruce Kovner





The minute you get away from the fundamentals – whether it’s proper technique, work ethic, or mental preparation – the bottom can fall out of your game.



Basketball Legend Michael Jordan.





..“It’s not what you own that will send you bust but what you owe.”..



Anon







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