Thursday, May 5, 2016

Going To C(r)ash

Crashes occur when markets are already oversold and become well more oversold, as every stock turns lower at the same time...

This is breadth momentum which measures the number of stocks participating in the rally...




Process of obliteration:
Nowhere left to hide...



The Nasdaq's third wave down can be seen with respect to the ratio of Nasdaq lows / NYSE lows...





Fear of missing out. On collapse...



Cash balances are pinned to all time lows...



Margin of error. Nil...
The Russell small cap index (red) is turning down again...
w/consumer staples



Amazon rollover complete:



Aussie / JPY



Nasdaq 100 % of stocks above 200 dma: