Charles Schwab (SCHW): Major Bull Market in Progress

SUMMARY

It seems like the major brokerages will have many banner years ahead! Charles Schwab (SCHW) has a weekly chart that looks to be a major bull run in progress. The below chart shows that blue wave 3 is still not done as much more to go with regards to all time new highs. The subwaves of blue 3 also show that except for minor corrections, the trend is up.

The bull run is occurring at multiple degrees of trends. The white and blue and now the yellow or primary degree shows that a major correction could be years away! Not only that, but yellow 3 could rise much higher than labeled! Would you be a buyer or a seller at this point?

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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