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Folks look for patterns and cycles in the market, and the simple ones are best. This looks pretty simple.
With statements from the US FED saying the want to return to normal monetary policy. IS THE FED SAYING SELL.
Extract..
“if central banks do not limit their interventionist strategies and focus on returning to more normal policymaking aimed at promoting price stability and long-term growth, then they will simply encourage the financial markets to ignore fundamentals and to focus instead on the next actions of the central bank.”
Watch out for a mid year slump. Looks simple, and likely!
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And a reminder to our Aussie friends (as Iron Ore prices fall)…
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.netÂ
Investing Quote…
..”Every movement in the market is the result of a natural law and of a Cause which exists long before the Effect takes place and can be determined years in advance. The future is but a repetition of the past, as the Bible plainly states”..
William D Gann
..”Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception”..
George Soros
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