Undisputed fact. Clean and uncomplicated.
The stock market is becoming much more dangerous as time passes.
The S+P 500 Weekly RSI peaked in Feb.2018,
and has been under a Descending Trend line for almost a year and a half ago,
all the while price has continued to rise to historic highs.
The market has been rising on exhaust fumes leftover from the Feb.2018 RSI high.
Right now it seems that nothing can bring this market down in an orderly fashion,
Small declines, are immediately bought, and the market continues to rise.
And there in lies the catch.
When the market downside break comes, the majority will be fooled, and will not see it coming with their money.
They will be blindsided.
The stock market has become in the worst sense a giant ticking commodity market,
with everyone waiting on pins and needles to see what will happen next.
This is a recipe for disaster, although you may not see it that way at the moment.
Get out of town, and get out of this right market now, before it's too late.
Once the crowd tries to get out of the market, all at the same time,
you're not even gonna watch the video tape replays.
Trust me, It's gonna get ugly.
SPX Last 2997.00
THE_UNWIND
9/20/19
NEW YORK
The stock market is becoming much more dangerous as time passes.
The S+P 500 Weekly RSI peaked in Feb.2018,
and has been under a Descending Trend line for almost a year and a half ago,
all the while price has continued to rise to historic highs.
The market has been rising on exhaust fumes leftover from the Feb.2018 RSI high.
Right now it seems that nothing can bring this market down in an orderly fashion,
Small declines, are immediately bought, and the market continues to rise.
And there in lies the catch.
When the market downside break comes, the majority will be fooled, and will not see it coming with their money.
They will be blindsided.
The stock market has become in the worst sense a giant ticking commodity market,
with everyone waiting on pins and needles to see what will happen next.
This is a recipe for disaster, although you may not see it that way at the moment.
Get out of town, and get out of this right market now, before it's too late.
Once the crowd tries to get out of the market, all at the same time,
you're not even gonna watch the video tape replays.
Trust me, It's gonna get ugly.
SPX Last 2997.00
THE_UNWIND
9/20/19
NEW YORK