Low vol levitation to resistance line. Lower high will be punished in new year. Extremely low propensity for any data to pleasantly surprise the market in any meaningful way in order to change the foundation and allow for a fundamentally driven higher market.
Same ol QE/buy back driven number dressing, very low advance/decline ratio, more and more components breaking below 50/200 day moving averages, etc, etc. but the market can remain irrational longer than i can remain solvent. Stop short at SP500 2090-2100ish.
Same ol QE/buy back driven number dressing, very low advance/decline ratio, more and more components breaking below 50/200 day moving averages, etc, etc. but the market can remain irrational longer than i can remain solvent. Stop short at SP500 2090-2100ish.
