It is important to understand that this is a log chart. However, my retracements are a normalized linear interpretation of the logarithmic relative price movements.
50% normalized retracements of the log prices are roughly 9,000 in the mid-term and 1,000 in the longer-term
Please click on the chart to see the detailled view
Monday: New Home Sales
-
Weekend:
• Schedule for Week of December 22, 2024
• Ten Economic Questions for 2025
Monday:
• At 8:30 AM ET,*Chicago Fed National Activity Index* for Novem...
3 hours ago