Weekend Analysis

(9/6/14)

The Inflation Adjusted  S&P Composite remains right at the top of its longer term upward channel using a log scale.  As I mentioned a few months ago this has been a rare event and has occurred only "7" other times going back to the late 1700's.  In "5" of these events the Inflation Adjusted S&P Composite stalled out along the top of the upward channel (points A) while in the other "2" events it rose solidly above it (points B).  So the question is what will happen this time around?

 

 

 

Amateur Investors