. >> let's turn to the charts now and check in with carter braxton worth. carter, you think it's about to get worse. what are you looking at. >> the big subject is what is going on globally. you're starting to get energy dependant areaareas. when emerging markets were still going high ner 2007-2008 and -- don't were ri about the u.s. things will be pull bid the growth ne merging markets. now it's the reverse. we never decouple. let's look at these facts. three things. u.s. equities quite clearly -- equities as an asset glass globally. this is 9 800 companies -- it's basically a dud. here's all equities in the u.s. this is the real story meaning this middle line here is only unchangd because the u.s. is influencing it. you take the u.s. out and that's the real fact. global equities are not performing. here's the visual. s&p, all world equities and the only reason this line is here and not here is because the u.s. is influencing and bringing this up. basically no progress. now, take a look since the last bull market in october 2007. u.s. equities are up 33% fr

. >> let's turn to the charts and check in with the chart master himself, carter braxton worth of stern a.g. you think it's about to get worse. what are you looking senate. >> the big subject what's going on in asia. europe is slowing, arab is slowing so the issue of decoupling 1 coming up. can we detuck l from the rest of the world? the last time it was brought up was when emerging markets were still going higher and the u.s. was turning down and the thought was we're decoupling. now it's the reverse. don't worry about the emerging markets, lust safety t day, we never decouple. so three things, this is year to date. u.s. equities quite clearly are fairly deyent years. the real reality 1 equities as an asset class, this is 9,800 companies in 48 countries, basically no progress. with today's close this is unchang unchanged. here's all equities except the u.s. this is real story. this middle line here is only unchanged because the u.s. is influencing it. take the u.s. out and that's the fact. global equities are not performing. here's the visual. s&p, all world eck wes thes, except the u.

that must mean we're going to carter braxton worth over at the telestraiter. >> something that's lagged, so we think that's the opportunity. let's look at charts and try to figure it out together. year-to-date, we know, s&p, and of course, a very important part of the economy, housing stocks have made no progress. in fact, take a look at the same comparative chart, going back over the last year and a half. basically, nothing's happened. we've been stalled, even as stocks have gone higher and higher and higher. 26% versus 4. so, we think that's the opportunity. now, take a look at this setup. you have a well-defined range here. this is key. you have lows at 28 and you have highs at 34. now, when you breakout from a range, these are rules from the 1930s, what's called a measured move. that's a $6 range. you add $6 on to the top. you add $6 on to 34, you get 40. well, if you break out here, you go exactly to 40, which is the '07 high for the s&p. you can draw the lines this way, as a cup and handle, but either way, we think 40's a good bet based on the long-term charts, based on the breako