Ominously similar to the prelude to the 2008 mess. Same levels and trends everywhere, all indicators, ready for the next bottom build too. CAT does not like to be overbought, consistent, trustworthy, sells off everytime. World economic indicator. Europe bank stress test friday could be the next Lehman brothers moment, at least one bank goes under, and who is not too big to fail? The tip off was a few weeks ago the real estate loans failure, that was averted, at least in the media. The stress test will show all where they stand. Commercial real estate loans most at risk. Commercial office space is down, vacancies high all over, online stores taking market share, amazon, etc. And bonds... people will be asked to get less than they expected, or how will they fund the payouts, with underfunded liabilities? Not saying for sure, but this could be the first exposure to the results, unintended though they may be, of way, way too much QE, avoiding any pain whatsoever of the 2008 mess that still has not been cleaned up, and negative rates should be our best clue, negative rates, are you kidding me? Makes no sense, just no sense. But as long as the market keeps going up from all corporations with no growth and higher EPS because of generational changes to costs structures, well, the day is coming to reset, and the reset button could be pressed friday. In fact, if they hold the results until after the close of euro markets friday, that is your clue to very bad numbers, and they would want to announce while their markets are closed over the weekend, so they can do some damage control before the markets open again Monday morning. And if they wait until after the USA markets close, well, then its a wrap its bad, very bad. I am sure there will be a cover up or delay of some kind if it is bad, just like they have avoided the bad news all these 8 years. The key market leaders are all screaming the same story as CAT, transports, etc. and euro banks have not come back since brexit vote, even down further ahead of friday. Wake up people, sorry bulls, bears will wake from their semi slumber and roar very soon. Currencies acting frisky too. IMO