FED MEETING THIS WEEK
ANY change IMHO might kill rally, but not usual for new highs surging, advance decline line new highs signalling ANY kind of imminent major top.
I put up the charts of the 2000 and 2007 tops so you could see they dont always form alike. 2000-2001 had some WILD swings before finally taking a nose dive to the 2002 lows.
AFter over 20 years of a major advance 1980-2000 or one could argue top of SECULAR BULL was 2007....is usally followed by 10-120 equal lean years.
2002 lows were violated so IMHO the NEW low gets tested...someday.
D
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