About this blog:

CURRENT MARKET TREND: Up 5/27/16 @ 2090
Stop-loss 2026






Wednesday, January 8, 2020

All Indicators Still on Buy: Ominous Charts Approaching

While indicators are still on BUY, there are some ominous charts appearing:


Negative divergences in SPX:VIX


















Rydex Bull Funds/Bear Funds
at heights seen on last two peaks:



















20 Day Equity Put/Call Ratio depressed:
















BPSPX Currently with Negative RSI Divergence:



















It is time to be prudent and watch for indications of a market top. Once I believe a top is at hand, and I do think we are close, the indicators on the site will change to sell. I expect the market to bottom sometime in April and end 2020 at 3488-3617.


0 comments:

Post a Comment