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Why Markets Could Dip 10% or more?

CME:SP1!   S&P 500 FUTURES
The last time ADR             peaked above 3.5x was followed by 11% drop by S&P500             . Most recent ADR             peak stood at 7.38x registered last month. That is double the 3.5x extreme level, which suggests extreme overoptimism for stocks . Usually, as history shows, it is followed by at least 10% correction.

ADR             proved to be extremely useful market peak spotting tool. For explanation and historical back-test check here:
http://www.capitalhubs.com/2014/03/how-to-spot-market-peak.html

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