Ray Dalio said, we are at a similar time as 1929. Both times were the end of Bull Markets in Bonds. People who bought the Dip using Margin probably panic sell when it reverses(exactly what happened in 1929 crash). Margin debt it's at all-time highs (Also pull all the Central Banks Balance sheets, it will look exactly like our stock Market). Coincidence?
Trade active
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Market topped I think. Confirmed Negative Divergence. December low came right after positive divergence confirmed.
Its interesting that the stock buy back was outlawed after 1929. Here we are again, 90 years later, its legal and probably even more detrimental than ever. It will be the scape goat used by the Feds to place blame on the "everything but commodities bubble" even though its only part of the equation. We just didn't learn very much did we. One thing made illegal to own in the 1930's was gold. I don't think they will be able to get away with that one this time.
SviCapital
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Looks nice from a technical perspective only.
DaddySawbucks
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Nicely done. I been lookin at this too. Getting real close IMO.