The Traders Network
Ed Carlson has not received any gifts yet
The April collapse in gold has drawn attention to the two-year decline in the commodity sector. Since gold’s collapse both it and crude oil have experienced a strong rally over the last two weeks. Many want to know if commodities have bottomed.
Taking a look at the Continuous Commodity index (CCI) we can see that it has breached the 61.8% retracement of the June-September…Continue
Posted on May 7, 2013 at 8:59am
Prior to last week’s detour to discuss the gold market my April commentaries have been about Lindsay’s long cycle and how that matches what we all normally think of as secular bull and bear markets. The second commentary in this series discussed finding the high in the current long cycle and the conclusion was that a high should be found between March and September of this year. Before going any further with…Continue
Posted on April 22, 2013 at 6:27pm
In last week’s Commentary I showed how Lindsay’s long cycle divided the historical chart of the Dow into what we normally refer to as secular bull and bear markets and noted how closely related each cycle was in its time duration. I also pointed out how the cycle lows Lindsay identified were somewhat different than what…Continue
Posted on April 9, 2013 at 9:49am
Chances are you have seen a long-term chart of the Dow annotated as the chart below has been. The red hash marks designate secular bull and bear markets. But if you look closely, you may notice one significant difference from similar charts; the first secular market begins in 1921 and not in 1932 as is often shown.
Why the low in 1921? Why is the secondary low of March 2003 used and not the nominal low in October 2002? The dates shown on this chart are the lows of, what George…Continue
Posted on April 2, 2013 at 10:34am