...my vibe says perhaps euphoria is starting to get a reality check.
...I thought Dow could get past 40k, I thought wrong. A double top does not look good.
...and without techs holding the US market, the picture is rather different than for those who see things on the surface.
by Callum Thomas
The Tape is Turning? And if we look at this unusual volatility indicator (which is simply the rolling annual count of daily price changes worse than -1%), it looks like it has turned up already after plunging to the lows. Historically that is not a good sign.
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