I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Friday, September 14, 2012

Sep 14

Based on the recent strength, I don't think we are near the top of this Minor degree wave up. I think the market may try to pause and consolidate the breakout, but I think we will have another slower move up before a Minor degree correction.

Here are my current thoughts. And for how this fits with my most recent long term projection, see this post (with lots of links to previous long term projections): Update on Long Term Projection (08/17/12)

blog comments powered by Disqus