Add to the mix very low short interest on the major ETF’s in the US and very high short exposure on $VIX. Keep buying or bye bye? My view is it is essential to take down risk if long.
And DeMark Countdown 13’s on most of the major indexes around the world. This is different setup from September 18 top as Europe and Asia peaked in January 18 and never recovered. This is more like January 18. Extreme bullish sentiment and Countdowns = TOP
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