Wednesday, May 15, 2013

Leveraged Bull ETFs: Divergence Warning!

Melt up or seasonal Top ?? The bears have thrown in the towel.......

This is either 'Irrational Exuberance II' (think 1997) or a gigantic bull trap (think 2007). We should find out soon....


...and don't ignore the bigger picture, as seen through the lens of our long- und medium-term Exhaustion (MOMO gage) Indicator.


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