Historical look at DJI w/RSI & Fed Chairman replacement dates

Will be interesting to see if the pattern plays out again. With how much markets have been over-performing it only seems natural but if a strong move to QE and backing off on raising interest plays out instead markets could go higher yet. Doesn't seem likely though. Looking at the RSI December 2017 was the best time to take profit and but we're still in overbought territory now 14% down from the top.
Chart PatternsTrend Analysis

免责声明