Although I’m a dyed-in-the-wool chartist, I appreciate when people make thoughtful conjectures about what’s going to happen to a company, a financial instrument, or a country based on their broad observations. Remember, “speculate” is derived from the Latin verb speculare, which means to observe. Successful investors notice things.
As such, I’d like to share something I’ve noticed. It first started back on July 29th, when I got an email from Elon Musk (errr, not personally, but it a spammy kind of way). It started off like this: