Analyzing The Stock Market From A Multi-Decade Perspective: A Unique Look In Gold Terms
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Let’s take a step way, way, way back, and look at the stock market from a multi-decade perspective. More importantly, let’s look at it in gold terms (no, I am not channeling Dennis Gartman!)
These four charts show major equity instruments divided by gold. It’s plain to see how well-formed, massive, and potentially disastrous every single one of these topping patterns looks. There is a staggering amount of “push-back” right now in the world of trading, with the universal declaration that the weakness in the market is already over. My contention? It’s got YEARS to go.
All World Index
Dow 30 ETF
Dow Financials Sector
Russell 2000 Small Caps
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