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Tuesday, July 19, 2016

BTFATH: Conviction Buy In Final Collapse

It takes time to get everyone in at the top...

Social Mood is collapsing in every direction, but the Central Bank sponsored circle jerk known as the S&P 500 remains glued to all time highs.

Speaking of social mood collapse, Smith & Wesson went double parabolic at the prior top, but I'm sure it's nothing...




The rest of the world is still not impressed:



No worries, the market is now being led by Brazil...


And JnJ going further parabolic on double average hourly volume:


The low volatility implosion fund rolling over...


Realized volatility still rising


Money flow trending lower:



Oil re-imploding


The Nasdaq filled its last open downside gap from January, by creating about 5 upside gaps below. Skynet fugazi'd my count which I'm keeping anyways...





Overall: Strong Buy The Fucking All Time High and assume an even bigger dunce is coming after. CasinoNomics as usual.