Saturday, December 5, 2015

2016: The Year of the Bear (II)

In a previous post(SPX year-end prediction: 2016 the Year of the Bear) we presented our prediction regarding SPX for 2016. Today we present a very long term chart of SPX which further enhances our view:

Another relevant chart for Dow Jones Industrial:


And for a more clear picture of the currently forming H&S, let us see the DJ small cap index: