Repeating Pattern in the Arca Gold Miners Index at Hand
The Arca Gold Miners index appears to be completing a repeating pattern whereby the index tops out in a rounded reversal into a decent decline and then finds horizontal trend-line support. At such support the index has historically bounced materially…...
Where’s the SPX Currently Sit in Relation to History’s Average Secular Bear Market, ~145 Months after The Peak in 2000?
This chart has always been quite compelling given the close proximity to which the current secular bear market (black line) has tracked against the average secular bear market through history (red line). The values plotted are inflation-adjusted relative to prior…...