From a duration perspective, is the current uptrend in today’s stock market getting risky? Based on history, should one assume that a correction may be nearing? Our main consideration of the following charts of the S&P 500 is the duration of the turning points.
In the next set of charts we took a historical ‘Top’ and the October 2007 ‘Top’ and indexed them to 100 so that we could compare the price action.
This post was published at GoldSeek on 17 October 2014.
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