There is a lot of imagination in it. But the idea of a strong bull market ahead seems wrong to me. Just too many risks out there:
- The dollar strength weakening US exports
- The European banking crisis
- Consumer Debt at all time highs
- ..
And the technical picture is not (yet) that bright. Once there will be a lasting break of that upper trendline around 2300 I might join bulls again.
- The dollar strength weakening US exports
- The European banking crisis
- Consumer Debt at all time highs
- ..
And the technical picture is not (yet) that bright. Once there will be a lasting break of that upper trendline around 2300 I might join bulls again.