Hi mirren, imo the US markets are entering a big big correction phase ... as they say its all over bar the shouting.
After seeing the 'rounded and broadening top' patterns on the monthly SP500 why would anyone not believe it.
They nailed both the 2000 and 2007 tops. why not 2016 ?
Add to that, the increase in volumes recently seen on the quarterly SP500 chart. sudden increases in volume have typically marked turning points.
..
@5onic, am working tomorrow so will miss tomorrow's fun
cheers @shantaram
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