HOORAYY, the DANGER IS OVER ???
NO MORE DECLINES EVER !! HAHA
Joe Granville noted many years ago
A TOP FORMS WHEN
the NASDAQ MAKES a FINAL RUNUP
COMPARE the NASDAQ was up 186pts=2.18%
DOW up 33pts = 0.14%
SPx up 20pts = 0.81%
RUT up 15pts = 1.00%
Markets have been UP since January 2016 breaking new TIME & PRICE records.
MY WARNING STILL STANDS thru NEXT WEEK
Im getting pelted with many emails from techs indicating the BULL MARKET IS OVER, BUT IM not in that CAMP. HOWEVER, THIS RUN UP CANNOT continue without some kind of SHOCK to ALLEVIATE the STRONG POSITIVE SENTIMENT
that currently exists in an OVERBOT mkt.
THE SOONER we get a DEEP CUT and the DEEPER it is the better off the general market will be to continue this strong BULL ADVANCE, which started from the SHOCK of the 2008-2009 CRASH.
STAY TUNED FOR FURTHER UPDATES