Patience...

ที่อัปเดต:
Been patiently waiting for indicators to line up. Vix has finally broken out:
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Often times, the vix will retest the break before a further spike higher occurs....

Meanwhile the Advance/Decline line and Money Flow are still not flashing sell signals:
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Typically during interim or longer term tops money flow will start to decline as the market continues highers, for example:
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Same can be seen often times with the Advance/Decline line... It's been super rare for one or both of these signals not to flash a warning sign before a larger sell-off incurs. One of those rare occasions was January 2018 on the large melt-up. Something that certainly can't be looked past with the huge run up off lows the market has had in just months.

Remaining neutral until these signals go off or a break of these structural patterns occur in the SPY or QQQ:

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Today's price action was more of what you're looking for, for a reversal:
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Markets go up....money flows out....more stocks declining than there are advancing...

Be interesting to see if the same repeats tomorrow, or if internals catch up...
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The horrid internals continues...
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Gonna take some profits here.....
-Still obviously some more room to move higher here, and I'd want to see the wedge break before shorting, but 3 of the past 4 days have seen the AD line decline, meanwhile the SPY has gone up each of those days.

-Money is also not flowing back into the market on this move up.
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Today has been the most impressive of all on this run up...SPY up 1% and another day where more stocks declined than advanced.....
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Meanwhile FB, AMZN, GOOGL, etc are all in these breakout patterns....shorting this market as long as those are strong, is like trying to short tsla right now...
Chart PatternsTrend Analysis

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