SMC Update 9-1-21
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Comments (3)
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thanks Peter and awesome showing the AD Line was curious about that. Looks like we finally have divergence pretty good :-)
Correct me if I am wrong but historically the indexes have not all peaked at the same time. But there is no rule. The DOW has been the first to peak, I listed them below. Does this fit into your analysis?
Year 2000 Dow Top 1/18/2000 NASDAQ Top 3/10/2000 S&P 500 Top 3/24/2000
Year 2007 Dow Top 10/9/2007 NASDAQ Top 10/31/2007 S&P 500 Top 10/9/2007
Year 2020 Dow Top 1/12/2020 NASDAQ Top 2/19/2020 S&P 500 2/19/2020
You are, of course, right, Jeff. They tend to diverge at market tops. I don't need them to simultaneously make tops. I am more interested in seeing them reach their own final projections, regardless of whether they occur at the same time or not...
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