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Does the Bloomberg headline today, “Melt-Up on the Mind as U.S....

  1. Menta
    6,465 Posts.
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    30/08/18
    16:34
    Post #: 35301797
    Does the Bloomberg headline today, “Melt-Up on the Mind as U.S. Stock Advance Hits Euphoria” forewarn of a major top forming in U.S. stocks?

    Given waning momentum and breadth and the degree of market complacency, as shown in volatility indexes and put/call ratios, such calls for a melt-up could actually signal that a stock market melt-down is fast approaching.
    Value at posting: 2,914.6
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    lightbulb Created with Sketch.  Great analysis
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