Watch for a divergence in all time high prices index versus NYSE AD line, weekly works best. If AD line does not reach a higher high along with the index this is very bearish. When they happen in a monthly time frame this will mark the end of this bull market.
I dont claim Im right right now. If I knew I was right...right this second I wouldnt be here with the members of the peanut gallery. I would be flying around in that black helicopter and having some fun. However, I know Im right soon enough...
So the 2007 and 2008 according to your charts was "imminent" as well as the gold and oil collapses as well....???? If it was so imminent on your charts how come no one saw it coming? OK so out of every index out there right now and every chart available to you what is the next sector or sectors or indexes or what ever you want to call it is showing the next collapse??? I want to know ....
It went both ways. Some people profited but others lost big. Those who lost big wont raise their hand and admit to losses while those who won will showboat, grand stand, make lots of noise and brag. The reality is many people lost big...
I feel like Im surrounded by morons. DONT be misled by the markets’ extraordinary head fake on Trump’s surprise victory. No matter how wonderful his economic policies prove to be, the stock markets remain near bubble valuations and an overdue reckoning is still unavoidable. And gold’s young new bull market, and thus gold stocks’ parallel one, remains very much alive and well. Trump’s win didn’t magically change underlying market realities. The only system you guys need is reality...
It is possible to call a technical top, just like it's possible to call a bottom. You won't be always right of course.