Daily Charts - Stock market cheerleaders are ignoring all the warning signs

Callum_Thomas
03-22

1.I featured this excellent chart in the Weekly ChartStorm late last year

I think it's at least as important now, if not even more...

Complacency is ripe, stock market cheerleaders are ignoring all the warning signs. I don't think if we get off that easily. $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$

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2.Whenever you see a breakout from such a long period of base-building and consolidation you have to set aside your biases and pay close attention...

Most people are asking what if things go wrong

what if things go right for Europe?

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