My takeaway from this week's drama is the equity market's structure is more fragile than most realize. Expect more turbulence ahead!
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Broke the Scale
Following up on yesterday's "Gaining Weight."
A few short video comments inside.
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Gaining Weight
Stocks are trading heavier, with the Money Printing PUmp silent of late and tidal forces pushing down for now. Prices are working towards a top, but we're not there yet.
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click chart to enlarge
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Weekly Update
Video discussion inside – using tides to time a Spring correction.
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Tidal Knowledge
The market is making emotional highs while the FX/Money Pump background conditions deteriorate.
Here's my new, favorite chart, because it might hold the key to dramatically improving Tidal Knowledge as a useful tool.
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click chart to enlarge
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The weak yen is depressing both the Money Printing Pump above and the
FX Weathervane below. Liquidity is tightening. The Money Printing Pump's high was Nov 30.
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Weekly Update
Bit by bit the market is weakening. But is it an outright short yet?
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The Dollar Bear is Missed
The equity bull misses the dollar bear. They were a cute couple.
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More Chop
It's still too early to be bearish. Momentum and New Highs remain strong.
I'm watching for tidal cycles to become increasingly important in coming weeks.
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click chart to enlarge