The Brains Trust - 2020, page-17

Very quiet here without PB holding the fort and rallying the troops! So a Sunday morning rant in order.

FWIW weekly cruise of world indices and other charts reveals prevalence of:

- ATH's all over the place

-Friday night engulfing candles = bearish

-RSI divergence everywhere on daily charts

-Just sooooo much "froth" .... how high can US indices go?

-Gold; break out halted by Iran "non retaliation" it seems; back to 2019 Highs and support .... perhaps? Silver similar.

& just FTR 2 amazing charts from a sea of US share-market amazing charts/stories;

-APPLE who produce a computer that no-one I know in business uses (apart from architects LOL) .... shares are up 123% in 12 months & 4,000% since GFC lows (is that even correct?)

-TESLA which all the worlds smarties were saying was technically insolvent in mid 2019 has since approximately doubled in price.

SIMPLY AMAZING. Is it Sustainable?

So watching the grind higher with amazement; markets have survived and thrived on TA signals like rising wedges, Double Tops, RSI divergence and Impeachment, Trade wars and of course most recently Iran situation. Will anything stop them?