About ten weeks ago, I put together a post called My Dream W.A.G. (for those unacquainted with this acronym, it is a sophisticated technical analyst’s term that means Wild-Ass Guess). The core of the post was this speculative chart as to where things would go from mid-December as we moved into the new year of 2016:
Below I’ve put the first portion of this W.A.G. chart on the bottom and what has actually happened so far on the top (of course, we’re still in the throes of that second green arrow, with – – God willing – – the third red arrow around the corner). I’d say I didn’t do a have bad job, considering the thousands of variables happening around the world. Nostradamus for the MFW.
