Never a Dip That Doesn’t Get Bought Up!

This market continues to be a bear trap at every juncture where there’s a sell-off of any kind. The VIX is in the 13’s – and for good measure; fearing the downside to this ever-rising market is a fool’s game to most. But for those who have seen how ugly and unforgiving a market can become it is impossible to ever take anything this market offers for granted.

The 800-pound elephant in the room knows that there will be ‘pay-day-someday’, but with the Fed’s market intervention on a nearly daily basis, that ‘someday’ continues to get postponed. 

Here’s the SharePlanner Reversal Indicator

SharePlanner Reversal Indicator 3-6-13

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