Once in awhile i like to look on very large time frame charts to see where we might be in 3-5 yrs based on my cycle and fibonacci analysis here is a few things I see:
Oil look alot lower, that might seem strange as I think the dollar will get weaker but the only way that would be correct is if we enter a period of server deflation.
Grains also looks lower on a longer time frame.
Bond ditto.
S&P ditto.
I hope I am wrong on all these but it seems deflation will be our enemy and all asset classes will decline over the medium to long term. I hope I am wrong on this because massive deflation is a sign of depressionary period as people sell assets at any prices. Is what is going on in Real Estate a precursor to a big picture analysis, we can only watch, wait and pray.
MARKETJEDI
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