Being an optimist means believing that the future CAN be better than the present or the past, assuming the right choices are made. Whereas, being a fake optimist means being a dunce jackass who makes the exact same asinine mistakes over and over again praying that this time the impossible will be possible.
France CAC (red) with S&P:
(blue arrow is current real-time level)
"Now this, rings a bell"
Needless to say we live in a mindless Borg of fake optimists receiving their directions from media mannekins who have the IQ of a fucking doorknob.
The OPEC deal rally fizzled, so then oil spiked on the latest inventory news (below). Meanwhile both oil mega-rallies came during futures rollover week, but I'm sure no one would manipulate the expiring contract on minimal volume...
I updated my data to show the drop in inventories (red line). Can you see it?
This shows the "strength" of this current rally in terms of up volume / down volume (hourly):
More importantly, the market is multi-month overbought...
The Wilshire count didn't change:
The last two times we saw this a-b-c ending pattern, what happened...