Core Systems at/near Major Sell signals – with *significant* room to decline: • Critical shift is underway for Bond Yields (higher). • Weakness already visible in Rate-sensitive Equities (downside leaders). • Tech Positioning extremely crowded – vulnerable to a sharp unwind.
@MacroCharts Hi Macro, glad to see you posting again
@MacroCharts Hi Macro Charts! Thanks for sharing! I've been seeing similar overbought conditions on my models along with breadth divergence. However, based on seasonality, the market has either bottomed on Friday or should bottom early next week (see chart below). What's your take on it?
@MacroCharts How can overbought be bad? That means lots of people are buying Buying is good Simple fix Tell the stock market to just order more stocks for people to buy
@MacroCharts Last time we got this sell signal, market still made couple of more highs before reversing, right?
@MacroCharts Whatever. If theres buy setups in individual stocks ill take them. Far too many times hesitated because of supposedly bearish macro assessment.
@MacroCharts @AdithiaKusno How is the core risk model determined
@MacroCharts Yup... But what about the last penny? The last penny!