Markets are due for a strong correction... this upside was fake and only liquidity driven, nothing more. Fundamentaly this market is broken and nothing is fixed.
We have a market use to central bankers intervention and this is bad, very bad, because central bankers turn market addicted to easy money.
If you don´t like to short the market, please stay away from it because things will get ugly.
Example of one of the elephants in the room:
http://globaleconomicanalysis.blogspot.pt/2012/04/inconsistencies-in-spains-budget.html
Rocks over Stocks | GoNoGo Show 041824
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The S&P500 trend conditions have reversed into "NoGo" and strengthened to
purple bars. Alex Cole and Tyler Wood, CMT identify intermarket forces
including ...
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