‘Wilshire 5000’ Archive

Wilshire 5000 attempting to accomplish something rare!

This picture caught my eye, as some think certain things are hard to accomplish, due to age.  Speaking of “age and accomplishments,” the chart below of the Wilshire 5000 came to my mind. CLICK ON CHART TO ENLARGE As mentioned above, this very broad index remains inside of 5-year rising channel (A), as the 5-year trend […]

Bullish reversal patterns take place in three broad indices!

CLICK ON CHART TO ENLARGE The 3-pack above looks at three very broad indices in the states. Each chart is based upon monthly prices. Each index remains inside of 5-year rising channels and each has declined in price over the past year. The declines in price, has taken each to rising channel support, testing to […]

5-Year bull trend is ending, breaking below support

The Power of the Pattern would describe a bull trend, based upon a series of higher lows and higher highs. Using this definition, the broadest of indices in the states, are “breaking 5-year rising trends!” This could break the heart of the bulls. CLICK ON CHART TO ENLARGE This 2-pack reflects that these two broad markets […]