The ‘inflating parabolic bubbles’ for the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite reached their all-time intraday highs of 26,616.71, 2,872.87 and 7,505.77 on Friday, Jan. 26, as the ‘melt-up’ to these closes warned of potential market peaks. Dow Transports and Russell 2000 were laggards setting their highs of 11,423.92 on Jan. 16 and 1,615.52 on Jan. 24, respectively. The correction ended two weeks later, on Feb. 9, ...
Go to Profile
Mark as Read