The collision of global markets and social mood

Monday, June 5, 2017

Monday -- Late Post

Errands, man. Step out before the bell for some greeting cards and gasoline and it's amazing how time just gets vaporized here. Gave up trying to make it back before the open and went out to breakfast at a new place I've had my eye on. Had a couple empanadas argentinas. Muy rico.

Another weak decline has been bought, yet the upside is getting weaker too. Perhaps a near-term peak is coming soon.

VIX, A/Ds, ticks, TRIN -- all lining up as price completes the subdivisions of the five-wave rally.

This is what I was thinking Friday afternoon. Still am. SPX probably much the same as well.


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