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Military meteorologist. Applying scientific, predictive principles to forecast market movements. Macro economics & trading. A picture paints a thousand words.
northstarbadcharts.com

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2/n quite possible. etc look set to be outpaced by for many years to come & it's that dynamic that is already showing as a 'rotation' in the ratio charts. Risk is very high here. Caution & patience advised

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Red is 12-month, green is 36-month. Just moved above the 12-month. The 36-month is following the upper resistance line on the wedge, which helps to confirm that the wedge is in the correct position.

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Still in play and continuing to build out/extend to the right. Key point to note is that in a bull market we don't get a monthly close below the red line (12-month MA) - that's currently $47275

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