Unchained Melody

Managing Partner at Tim Knight Organization • Dec 18, 2017 at 11:52 AM EST

This index simply keeps ascending. There aren’t any particular demarcations to indicate a reversal.

Having gone through the index charts this morning, I can only say one thing: there isn’t a single bearish thing I can say about any one of them. They just………..keep going………..up. There aren’t any topping patterns. There aren’t any particular demarcations to indicate a reversal. They simply keep ascending, irrespective of anything.

(Click on image to enlarge)

dowindu

Is this my “capitulation”? Yeah, I guess so. And I’m going to take it a step further with my avatar. The pirate flag is being lowered. I’m going to return to a mentally-challenged kid in a wheelchair. It seems far more fitting. TIMMAY!

Disclaimer:

This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.

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