Rising Trend Drives S&P 500 To All Time Highs Of 2115.48
Eric De Groot | Mar 01, 2015 12:55AM ET
The professional investors must profit by anticipating future trends and events rather than chasing old news. This is done by following the invisible hand or message of the market. That message, the simultaneous study of the the cycle of accumulation and distribution (trend), the distribution, movement, and participation of leverage (leverage), time/cycles, and human behavior void of opinions is defined below:
The 5-year seasonal cycle defines strength until the first week of April (chart 4). This supports continuation of the bullish trends discussed above.
Chart 4
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