- look at all these 90+% Correlations of the Large Traders to Price which usually tends to run high into the 90ties before it turns, i.e. we see a very mature situation here
- only SRS, EEV & DUG (Energy and Real Estate) have already started to develop neg. Correlations
- same of those correlation have been posive for up to 27 days (SKF)
- we also see some deteriorations of those high pos. Corelations like at DIA for 21 days now, which means someone is trying to sneak out here through the back door
- some of the weekly TDSQ (Tom DeMark Sequential counter) have been up and running for 10+weeks which is a lot and indicates maturity of the trend
SUSI WEEKLY
The Trend is up until it breaks! Given that we are close to the impotant 61% Fib Line of the entire 2007-2009 crash and the fact that each and every trader is looking at this level in a 2nd Presidential Election year right before "sell in May and go away", after having seen a fantastic one way market.......clearly unterpins the current risk in the market!!
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