Monthly RWB chart of $SPY shows no end to this bull

GMI6/6
GMI-28/8
T210867%

This monthly RWB chart of the SPY since 1994 shows what the 2000 and 2007 bull market tops looked like. It is clear that the market remains in a strong up-trend until the red lines (shorter averages) decline and the RWB pattern disappears. The current market, as measured by the SPY, remains in a clear RWB monthly up-trend. Stay tuned….

The GMI remains at 6 (of 6):


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