• 316 days Will The ECB Continue To Hike Rates?
  • 316 days Forbes: Aramco Remains Largest Company In The Middle East
  • 318 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 718 days Could Crypto Overtake Traditional Investment?
  • 723 days Americans Still Quitting Jobs At Record Pace
  • 725 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 728 days Is The Dollar Too Strong?
  • 728 days Big Tech Disappoints Investors on Earnings Calls
  • 729 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 731 days China Is Quietly Trying To Distance Itself From Russia
  • 731 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 735 days Crypto Investors Won Big In 2021
  • 735 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 736 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 738 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 739 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 742 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 743 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 743 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 745 days Are NFTs About To Take Over Gaming?
readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

Trend Lines that Thou Shalt Not Pass!

Thou Shalt Not Pass

Or 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 countryman made this little movie, and a great line went like this...

These trend lines must hold!

S&P500 1962-2016

Copper Chart 1973-2016

Crude Oil Chart 1976-2016

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

Investing Quote...

"The market is like a slowly revolving wheel: Whether the wheel will continue to revolve in the same direction, stand still or reverse depends upon the forces which come in contact with it hub and tread." ~ Richard D Wyckoff

"I measure what's going on, and I adapt to it. I try to get my ego out of the way. The market is smarter than I am so I bend." ~ Martin Zweig

"My experience has been that in successful businesses and fund management companies, which performed well over the long-term, some courageous decisions were taken. Courageous fund managers reduce their positions when markets become frothy and accumulate equities when economic and social conditions are dire. They avoid the most popular sectors, which are therefore over-valued, and invest in neglected sectors because being neglected by investors they are by definition inexpensive. The point is that it is very hard and that it takes a lot of courage for a fund manager to avoid the most popular sectors and stocks and to invest in unloved assets. Finally, every investor understands the principle 'buy low and sell high', but when prices are low nobody wants to buy." ~ Marc Faber

"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

"Money couldn't buy friends, but you got a better class of enemy." ~ Spike Milligan

 

Back to homepage

Leave a comment

Leave a comment