You are hilarious. Write that note yet on a sticky? Might wanna add a second sticky....”markets are bullish not bearish.” Maybe a third sticky..”time for going long” ..GOOD PRICE ...cheap...LOLIf el Top has been correctly called, then once and for all the best leading indicator should be as it always has been, namely Crowd aka Herd Sentiment as measured by so many indicators out there like Schwab, Univ. Michigan, DSI, bla bla. All out the window. There is only ONE true King.
VIX
Vix called the First catastrophic crash on Jan 16, 2018, 10 days before the world stock market Top of Jan 26, 2018.
But babe was not done yet. She then called the next crash of Oct 3, 2018 on August 30, 2018 - imagine that, one whole month BEFORE. Now that is what I call a Leading Indicator.
And now finally to babe's magnificence TODAY, May 1 = sell in May & go away = who said she don't got a sense of humor?
She gave signal on April 9 on Macd, then RSI signal April 25.
And the creme de la creme? A 61.8% on the button hit on April 17 & then today's Price Trendline break.
But wait, there's more. ...... Universe provides redundancy in spades. How so? From Dec 26 top in Vix to April 17 low, extrapolation of immediately previous wave gives a hit at 123.6%
