This, my custom Global Market Cap Index, is showing very good signs of a market bottom setting up. We still have to wait for this bottom to confirm, but the early indications are that this move lower just before Christmas was likely a "washout" low price rotation that will prompt a decent price bottom setup.
I've been searching through my charts and my other indicators for signs that we have reached a near term price support level. I will be posting TWO charts today. This one and my Custom Market Cap Index (which is similar to the Buffet Indicator in some ways).
Get ready for a really great 2019 if my analysis is correct. The US markets are setting up in a very unusual "price anomaly" pattern that could prompt a 10~14% upside rally when this breaks.