So many of the general equity charts are on the point of major breaks downside into a new bear trend.
The ALSI is also on the verge of a drop under 45 800. Any dip under this and I look for a 10% fall. This will be great for shorts using a 20 to 1 leverage.
The gold shares as expected have had a breather. But they are fast approaching a new buying level.
The massive multi-year tops are so close to the final downside breakouts that will finally push global markets into a long term bear trend.
The easy money syndrome that has driven markets up to ridiculous levels is about to collapse.