Unlikely ! Major markets are in a topping patterns, this process is usually accompanied by increased volatility. The breakdown in the Russell 2000 small cap, Dow Transport index, S&P400 mid caps , Nasdaq Biotech , CAC 40.
The probability of the markets topping out is increased coupled with the continued breakdown in commodity and commodity-related markets and stocks thus increasing the risk of a meltdown.
This blog maintained its bearish stance to sell into any strength until the current earnings reporting season is over. The conditions for a synchronized bear market seems to be in place.
The probability of the markets topping out is increased coupled with the continued breakdown in commodity and commodity-related markets and stocks thus increasing the risk of a meltdown.
This blog maintained its bearish stance to sell into any strength until the current earnings reporting season is over. The conditions for a synchronized bear market seems to be in place.
All posts and charts are for educational and illustration purposes only
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