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A longer term look

Discussion in 'General Discussion' started by gtnz, Jun 24, 2014.

  1. gtnz

    gtnz Guest

    Hello,

    Here's another interesting chart of the ES futures I've put together showing how the markets run since the March 6 2009 low until current. The oversold condition caused a sharp reaction out of the 2009 low. This first run out off the low set a hidden angle which as you can see on the chart has been quite amazing. Notice how the ranges are getting smaller and smaller as the volatility has disappeared. This bull market is getting near the end of it's run up by the look of things. But as always you have to be on red alert in case you're wrong. Sometimes a market will go much further than you think.

    http://www.screencast.com/t/CTTfOi4iOm6C

    Cheers
     
  2. tom

    tom Administrator Staff Member

    Another nice chart Garret. Thanks for sharing it!
     

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