Hello
I still think the next bull market will probably include biotech, high tech, renewable energy.
After a violent bear market there might be a new peak civilisation, in the past they all happened during climatic peaks (Babylonians, Egyptians, Romans, Europeans/British empire), I do not know if the cause was rather the heat or the CO2 itself.
Now the roman...
Target 10,000. I can't believe I said that... but there is just too much confluence to ignore this possibility. However, a breakdown from this wedge will likely eliminate this play. Either we hit it fast in 2019, or this long is off the table. Let me know your thoughts.
Trading SP:SPSIBI or a similar index is a nice way to use volatile markets to grow an account. An even better way to do it is to trade AMEX:LABU which is a 3X leveraged version of the index (this increases the risk a lot and has decay involved. Meaning it is a short-term hold).
I see a bullish divergence on the bottom indicating a potential reversal...BUT I...
