Critical Inlection Point.
Things are falling into place for the setup towards a stock bubble. As Andrew Sorkin reportedly says in his new book, “1929” the main driver of euphoric manias is fear of missing out. Buying rally’s is a feature of that phenomenon. So, what should one do, figure out how to buy a sell-off, we are in one now.
Our indicators show that traders “animal spirits” dropped to the level last seen on July 31 while the monetary multiplier indicator has started upward.
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