Monthly Charts Confirm: Bear Markets Are Over

Published 03/28/2016, 12:15 AM
Updated 07/09/2023, 06:31 AM
XAU/USD
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DX
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GC
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CL
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DJT
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NYA
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TRAN Monthly 2007-2016

The Transports are leading the market out of the 7 year cycle low.

NYA Monthly 2007-2016

The NYSE Composite (NYA) has completed a monthly swing.

Oil Monthly 2007-2016

The Oil market has also generated a monthly swing very late in its 3 year cycle. The 3 year cycle is just too stretched at this point for there to be another lower low.

WTIC Monthly 2007-2016

The character of Gold's rally has changed from a series of weak bear market rallies to a powerful baby bull rally strong enough to push the monthly RSI into overbought conditions.

Like I’ve been saying for a while now — it’s time for everything to rise together. Well, almost everything:

USD Monthly 2007-2016

The monthly US Dollar chart is exhibiting a possible double top. Price is not expected to bottom until mid 2017.

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