Is There a Market "Prime Meridian"?

More Mad Science from Erik at Market Anthropology – is there a market “Prime Meridian”?  A grand trend line that encompasses every major pivot point for the last 30 years?  Can we construct one chart that ties together:

the 87′ Top
the starting gate for Irrational Exuberance
the 2002′ low & 2003′ retest
the technical break and October 2008 crash
and Febuary 2011?

Have a look…

For an in-depth explanation of what you’re seeing here, head over at the link below:

Source:

The Meridian Market Theory (Market Anthropology)

Read Also:

Introducing Market Anthropology (TRB)

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