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Saturday, September 16, 2017

US markets has reached a meaningful top?

The maestro has spoken...
Market exhaustion, powerful combination of sell setups has completed on DJ!

[youtube=https://www.youtube.com/watch?v=UBf9eGH9UdU&w=320&h=266]

US stock markets are topping, according to well-known technical analyst Tom DeMark. On Bloomberg TV, he said his charts are showing trend exhaustion.
He compares the market now to 2011 (inverted).
"We could have a dip here and then one more move up," he said.
He didn't say how far the market could fall.
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