Massive imbalances everywhere
Even at current dizzy levels we get huge bulls and huge bears.
I was thinking a rally to 11-14th January back in September but the market got way ahead of itself in December and got bubbly.
I am now thinking 11-14th January will be a low instead as per natural squares.
This excess froth will need to be worked off... some nice bubbles popping over past 24 hours in the commodity space.
Whatever the rate 11-14th of January is the date I have in mind. If it keep rallying into mid January then I think something will appear from left field and crash the market.
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