Treggs, Gann45, you could fit a sine wave to the log difference between the index and midpoint line with a period of say ~160yrs from sight... Low point around 1950, with high points at start ~1880s and only just started high ranging now. Does suggest it's going to be top ranging for another ~20yrs, by that time supercycle is finishing up?
market not sharing wall st optimism, page-37
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