“Buckle your seat belt Dorothy ….

’cause Kansas is going bye – bye.”

If there’s a spot for the market to reverse, this is it.

2016-11-28_15-32-29-spy-weekly-notes-1

 

With markets at stretched, bloated and obscene valuations (as reported by David Stockman), we even have an article that tells us the bull market is just getting started.

Well, anything can happen but false narratives abound at the extreme end of a trend.  A ‘new bull market’ could very well be false.

In depth technical discussions of the S&P and other markets are on our corporate site located here.

The bottom line is, we might already be on the ride … to much lower levels.

 

Charts produced by TC2000 which is a registered trademark of Worden Brothers, Inc., P.O. Box 1139 Wilmington, NC 28402.  Ph 800-776-4940 or 919-408-0542.  www.Worden.com

 

 

 

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