(For Those That Want To Know)
As I was saying on today’s (Tuesday) show:
Look at what can only be expressed via technical terms as “exhaustion” in regards to just how maniacal this “market” is trying to reach the “All time high” level. If it loses its hold of that blue line, all I’ll say is “look out below!” because there’s nothing underneath (e.g., another trend -line of substantial meaning) for a long, long, long (did I say long?) way down.
The following chart is a zoomed in version of the previous only adding in today’s progression to the time as of this writing which is approximately 2:30pm ET. To wit:
As always, we shall see.
© 2020 Mark St.Cyr