Stock Markets Have Major Upside Potential

The U.S. stock market finished the month of September with the best performance in 71 years, i.e. since September 1939. The Dow Jones Wilshire 5000 index, as a benchmark of the total equity market, went up a 9.8% as of last Fridays and all my analyses indicate that the market could well have a further measured 10% upward move from its current level until at least sometime after the November elections. In the 5-month scale below, the Wilshire 5000 index has formed a pattern similar to either an Inverted Roof or a Complex Head-and-Shoulder Bottom. The neckline of this pattern at the key resistance level of 11,765 was broken and now it serves as… . . . → Full Story: Stock Markets Have Major Upside Potential