I'm not saying I disagree, just an alternate view here (monthy)....impulsive Up from Mar '09 - Feb '18, then an expanding triangle/irregular flat till now....with a new multi-year up impulse beginning...??? have no idea - just been looking at these weekly & monthly charts a bunch - the rallies & selloffs since Feb '18 were just strange (seemed too lengthy)...just rambling...thoughts ? I agree my chart view doesn't necessarily jive with what's apparently happening news-wise..
We've in a manic-depressive phase for the last 11 years. Stock market was manic while the real economy was depressive. Also when you have the FOMC that mirrors their decision based on the stock performance and the president who can't resist tweeting all his idiotic thoughts, what can you expect?
Democraps holding up the stimulus deal. Epic...fucking epic. With tmr unemployment data and stupid politicians, this is going to be ugly...