Below is a chart and excerpt from today's Early Look written by CEO Keith McCullough.
Here’s what the Fractal Pattern of a Bull Trap looks like in a US Equity Bear Market: A) Screens are green. CNBC is bullish. Yes, it just so happens that this bear market (post the bear market bounce, the NASDAQ is still -19.9% from its all-time #BubbleCap #Quad2 peak of NOV 2021) is signaling FOUR straight #Quad4s too (hasn’t happened since 2000-2001)… |