On the heels of continued volatility in key global markets, the Godfather of newsletter writers, Richard Russell, covered everything from stocks and bonds, to the gold market.  Russell also included 7 fantastic charts — one of those was a key 14-year chart that showed a major breakdown in one of the most important markets in the world.

Richard Russell: My key indicator is seen below.  Here we see the Dow holding persistently and bullishly above its 200-day moving average.  How long will this constructive situation last?  Ah, if we only knew (I think it will be quite a while).

According to this week’s Barron’s, the majority of leading advisors are bullish on the stock market.  But I don’t operate on the basis of what the majority of analysts believe.  I always put the price action in the market first on my list of what to believe.

And below, we have an interesting situation. 

…..read more HERE