Saturday, March 5, 2016

RISK IS BINARY: "This Is A Sucker's Rally"

...Meaning JP Morgan bought it for their clients...

The G20 circle jerk and "Super Tuesday" sparked a momentum short-covering rally that lasted through this week. 

When the vertical short-covering ends, look out below...

The hook is set

Barron's: March 2nd, 2016
"This Is A No Volume Sucker's Rally"

"Overhead resistance is formidable" (On low volume)...

Price over volume indicates selling into this "rally"...

France CAC with S&P:

Two markets that diverge at the top and meet at the bottom...

Japan Nikkei
Overlapping waves...

"shares crash, hopes are dashed
People forget
Forget they're hiding.
Behind an eminence front
An Eminence front - it's a put on
Bullshit! Bullshit!"