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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: sunabeach who wrote (31862)7/29/2021 8:57:53 AM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97535
 
CRB is pretty meaningless as an indicator of economic activity. It has too many moving parts. Chemicals are a better gauge and they are not doing well lately.

I am looking at my private indicators and they are giving the kinds of sell signals that you see only before bear market tops. The only reason I am hesitant to act on this is because I find it very difficult to believe that with $120B monthly liquidity pump and another $3.5T spending bill in the wings the market could make a sustained top.