The future for the Russell 2000 as derived from the past

Here's how the Russell 2000 today is copying a time period from the S&P500-0.21% in the past.

The time frames on these charts are very long term. They are both MONTHLY charts and are not for day-trading or short term market timing.

These similar structures and patterns probably tell us a great story.

Time will tell if we repeat the pattern.

Look for my many other long term forecasts based on Fed Chairman patterns, long-wave-demographic cycles (thanks Harry Dent), and other techniques.

Tight ranges ahead!

Tim

12:56AM EST 4/25/2016

코멘트:

Progressing as forecasted

코멘트:

Still "on track"

코멘트:

It's almost identical to the early 1990's model. We reached a new high, then grinded sideways in a tight range. People were pretty bearish back then too, as they are now. I remember just how negative people were then as I sat on an institutional block trading desk for S.G. Warburg in New York City (Now called UBS) and dealing with the biggest hedge funds in the world at the time. It's a good idea to go back and re-read the WSJ and NYTimes from back then to dig into the sentiment and confirm this line of thought. When we come out of a period of volatility, it takes people a LONG time to adjust to it. It is almost like being shell-shocked. The market can remain calm a lot longer than people are used to or expecting and we just end up having tight range chop.