An Argument for a 4 Month Parabola

Parabolic Extension on the Monthly MACD

Dear Readers,

Well here we are, a lot earlier than most expected, knocking on the door of all time highs. This has generally been a surprise as the 4 year cycle was the paradigm by which this very volatile market was made intelligible. However, as the market has matured and become more liquid, as was predicted, it is the forces of speculation in themselv…