I think we still have legs to go up the rest of the year
This is a high value put/short trade right here.
If you look back about 15 years, every 2-3 years there seems to be a selloff triggered right around JAN 20 and lasts until FEB 5. We may repeat this again in 2020. I am hoping for a 5-10% pullback here.
The behavior of the markets right now is indicative of something inherently wrong with the system. Bond market is at collapse.
Percent stocks above 200 Daily Moving Average. This is the final oversold metric and the big one.