Evidence of Complacency and Speculative Excess in S&P 500

SP:SPX   S&P 500 Index
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Sure there are higher flying benchmarks than the S&P 500             , but its sheer consistency makes it the most speculatively excessive in my eyes.
I have been following your insights for several years and want to take this opportunity to thank you now that you are a regular contributor to TV. For what it's worth there is a clear reversal pattern at the top now.
Thank you. Happy to be here. Love the charting package. I hope there is a moderation in stocks. A healthy correction is needed if we want to see people start flooding back in.
Thank you for the information, It could turn. Short with a stop loss.
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