We expect another up move this week which could well be the top.
Parabolic rallies such as these are extremely difficult to predict their end.
A fifth and final wave like 2008 will morph and extend beyond even normal markets.
Of course this is nothing normal, just a farce.
Quiet and void of any negative "news" or impact event!
Markets may have topped but the sentiment and action say otherwise..expect another rally.
Patience will be rewarded to the bears.
This is a classic throwover which will terminate no doubt.
Sit on the fence and wait.
This can take a few more weeks of action to finish off a pattern which took many years.
Using trendlines and wave counts can help navigate...the rest can be instinct and experience.
We are sitting on the fence and waiting...watch out for our ideas.
Perhaps a presidential event?
We are waiting and positioned heavily in precious metals.
Some cracks appearing though...this week will be telling.
Just too risky to go long...anything out of the blue!
We instead are heavy into PM's.