Current rally in SPX looking technically weak.
Breadth and Volume do show that.
We can see some non-confirmations in the Dow Sub Indices.
There is aggressive euphoria.
Pls see my post earlier marked in RED and BLUE text.
We are in a mode of denial.
-----
When the tide turns - this year or latest by next expect to see the following -
1 - relentless price declines
2 - collapse in fundamentals
3 - there will be no place to hide except cash
4 - fear will take over and chaos will reign
Breadth and Volume do show that.
We can see some non-confirmations in the Dow Sub Indices.
There is aggressive euphoria.
Pls see my post earlier marked in RED and BLUE text.
We are in a mode of denial.
-----
When the tide turns - this year or latest by next expect to see the following -
1 - relentless price declines
2 - collapse in fundamentals
3 - there will be no place to hide except cash
4 - fear will take over and chaos will reign
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