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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: techtrader73 who wrote (89929)2/23/2017 3:35:56 AM
From: GROUND ZERO™1 Recommendation

Recommended By
3bar

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Before the wheels come off??? Out of their mind bullish right now??? I have to agree, there's so much super bullishness floating around, everyone is afraid to miss the big rally, it's almost a panic buying spree... BUT then, check this out... this is the MONTHLY chart over a 20 year period as of yesterday... I think the next few weeks/months could be veeeeeeeeeeeery interesting... LOL!!!

The second chart below is also interesting...



Here's the SP cash monthly chart... look what happened every time the market reached beyond the Keltner channel in either direction... this is the first time it ever reached so far out of that channel... first time ever!!!



GZ
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