2CS
It did drop down under 80 today to 78.6. Normally, as in the rally up to the May 2008 bear rally top, and in many 2000-2003 bear market rallies, it should drop to low 70's. I thought it would, but we'll have to see.
The volume indicators are out of synch, having peaked two weeks ago.
This stuff is never easy. If the stock market is going to make a higher top, the market should turn right up here tonight or tomorrow and lower the 2cs some more.
May 2020
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Recent Posts
Blogs I Like
- Kirk Lindstrom
Many useful and different market info sources. Mostly free. - Bron's Gold Chat
- QuantumOnline Income Securities
- Tom McClellan Charts
- All Allan
Check Allan's method free charts. - Bill Luby's Vix and More
- Richard Lehman
- Christopher Carolan
Long Wave Sources
- Kondratieff at Mid 2011
Current status of the inflationary up wave. - Nikolai Kondratiev and the early consensus and dissensions...
A thorough review of long wave theory in the 19th century and the reception of Kondratieff's work up to the 1950's. - 2008 Gold Update
- Gold & Kondratieff 2003
- Kondratieff's major paper in English translation
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