The recent rising bottom formed a large wedge, and the short declining topsline and a smaller wedge within a wedge has been broken.
An even more cautious approach is to wait for a bullish MACD formation to appear, such as a rising double bottom.
Official figures for Santa Clara County (which, however, go up only to 1993) show incomes for both the top and the bottom quartiles rising in tandem.
Over the next four months, the OBV tested its rising WMA before completing its bottom formation at the end of September 2010.
How do job seekers and business school graduates view the rising awareness of concepts like triple bottom line, corporate responsibility, and ethical management?
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Home prices seem to have found a bottom over the five months to August, rising 8.5% from their early-2012 lows.
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The sharpest inventory decline, though, is during and just after prices bottom: in the first six months of rising prices, inventory falls by more than 2% per month, on average.
Now, with massive stimulus in the past, inflation under control, and real estate no longer rising in the double digits, China looks like it has neared its bottom.
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Typically, the market gets scared that rising prices will further hamper consumers' discretionary spending, and weigh in on businesses' bottom line.
Bottom line is mixed blessing: 2011 will look a lot like 2010 with rising GDP growth, more attractive credit opportunities and volatile but rising equity markets biased toward Asian growth and continued de-leveraging in the West.
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The bottom line is that a massive increase in the supply of debt coupled with a rising rate of inflation will always place upward pressure on interest rates.
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