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I would first like to take a moment and express my appreciation to all Veterans! Thank you for your service and sacrifice.
The photo above caught my eye when one thinks of Courage and heading into uncharted waters. For sure the markets do not compare to the importance of battle and ones life!
The above 3-pack looks at long-term charts of the Dow, NYSE & Nikkei and how each of them are facing key lines in the sand, some dating back over 20-years.
A break above these lines would be a big positive for each of these index’s! Will investors have enough courage to continue buying these index’s and push them well beyond these important technical situations?