This chart has been pretty accurate since 1920 and you can see the curve on the upper peak side showing the very top of the DOT COM boom, and the bottom support showing this could occur in the next few years.
If this was to play out, and we in fact did come down to the lower curve support, we could have a massive bull market on our hands after.
Quite an interesting chart to say the least.
djia inflation adjusted chart |
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