Does anyone else reckon the XJO (incl other major global indices) is about to board the mother of all rocket ships shortly? I think the recent PB might be in and Im seeing very bullish weekly and monthly momentum on global indices and stocks. XJO, in particular, should continue to play catch-up to other global indices and do better than most - imo - over the next several weeks to several months. And I dont think we'll have to wait too long for a BO w/conviction above the 5800 S/R area, perhaps before the end of the month. If not - then before Q1 ends.
This is a newish lean for me, as until recently, I had been a lot more bearish than bullish since way back in mid-2015. That is I had been mainly bearish - but the charts make me think those days are over for a while. Just my thoughts. DYOR..
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