Mark J Lundeen
This was a big week for Mr Bear. Several banks in Silicon-Valley had “liquidity problems,” and were closed. Which I take as meaning; for the foreseeable future, in the BEV chart below we’re not going to be looking at the Dow Jones’ BEV -5...
This week, the Dow Jones recovered from last week’s close below its BEV -10% line. Or it did so on Friday, as the other days of this week it closed below its BEV -10% line. I don’t care. I’ll remain bearish on the Dow Jones until it...
Last week, we wondered whether the Dow Jones would next cross its BEV -5% or -10% lines. This week we know – it closed below its BEV -10% line, and that isn’t good for the bulls.
As it’s been since August, the Dow Jones continues struggling to break above its BEV -5% line. That’s a long time. Then since early November, the Dow Jones has daily closed in a tight trading range bounded just under its BEV -10% line, and...
In the BEV chart below, the Dow Jones continues having difficulty breaking above its BEV -5% line. Since last August (six months now) it’s tried on several occasions, but so far has failed to make happen, what must happen if the Dow Jones...
Since early November, the Dow Jones has remained in a trading range; between its BEV -5% & -10% lines in the chart below. What’s with that? I guess the Dow Jones is thinking about what it should do next in a world where “liquidity”...
The Dow Jones continues having problems piercing its BEV -5% line, or closing above 34,959.67 dollars. It goes without saying that if it can’t do that, the Dow Jones can’t have a new BEV Zero, a close above 36,799.65.
The Dow Jones continues having difficulty breaching its BEV -5% line in its Bear’s Eye View chart below. On Monday this week, it made its third failed attempt since last August to break above this level. Seeing the Dow Jones close the week...
The Dow Jones is making its third attempt since last August at closing above its BEV -5% line; closing in scoring position. If it closes above its BEV -5% line (34,959), it may go on to new all-time highs. If not? Well, let’s not get ahead...
A couple of weeks ago, the Dow Jones broke above its highs of last August. It was looking really good – a few weeks ago. Now a week before Christmas it appears Mr Bear has the bulls running the wrong way, with the Dow Jones closing below...
