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Non-Tech : Kirk's Market Thoughts
COHR 181.67+2.4%Dec 5 9:30 AM EST
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To: #Breeze who wrote (15079)1/8/2023 11:55:04 AM
From: Kirk ©1 Recommendation  Read Replies (2) of 26721
 
Here is an interesting way to chart data: Inflation adjusted values on a log scale.

From S&P 500 (Inflation-Adjusted): chartoftheday.com
The long-term trend of the S&P 500 is being challenged.

The current long-term rally began in early 2009 following the financial crisis and has traded within the confines of an upward sloping trend channel ever since.

So where does this benchmark index stand now?

Today’s chart illustrates how the S&P 500 is currently testing support (green line) of its long-term trend channel.
This is a snapshot as I think their chart updates
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