The Great Escape, Part 2: New Update

October 20th, 2011
in b2evolution

by Chris Kimble of Kimble Charting Solutions

Originally posted at Advisor Perspectives/

We witnessed a Great Escape from equities in 2008 when the dollar broke out and the CRX broke down. We have a near clone situation on our hands right now in the Dollar and CRX. I saw the first inklings of a second Great Escape this past spring, which occasioned my May 5th commentary (with a hat tip to Steve McQueen). And I shared an update in Great Escape II on September 9th.

Click to View

Click for a larger image

Follow up:

If Great Escape 2 is to take place and begin accelerating, this is where it could all start.

Frankly, to put it bluntly, this chart gives me the creeps because of the striking similarity between GE1 and the pattern that appears to be taking shape. As always, time will tell. But forewarned is forearmed.

Related Articles

Investing blog articles by Chris Kimble

About the Author

For the most up-to-date Kimble analysis, check out Chris's blog: Kimble Charting Solutions

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved