Yep, mkt pretty much disconnected from fundamental reality now which means a top is near. Big money probably going to try and washout any remaining shorts so they can sell and or get short.
We've been sitting down in this range for almost 2 weeks. Daily is flagging. To me why would anyone want to be long term long at this point. That is the higer risk trade imo.
I don't think the masses are bears. Seems like more balance now in my opinion. I think the buy the dip mentality is losing strength now. It is september.
Too funny. There are those that know what it takes to run a business and then there are those that feel they are owed something throughout life and not work for it. We know the mold igotcash fits in.