Since late March and early April, most of the major stock market indexes around the world, U.S. included, consolidated in a sideways range. The dilemma/argument among my friends and I was in which direction would these consolidation resolve? As it turns, out, it has been to the upside. We’re not just seeing the S&P500 and Dow Jones Industrial Average breaking out to new highs, we’re seeing similar behavior around the world.
Today we’re looking at what I think is the most bullish chart on earth.
To view the Chart of the Week and commentary, you must be a free member of All Star Charts. Please login below or create your FREE account now.