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[OEXCHAOS]

http://www.traders-t...-analysis-area/

[dTraderB]

Good stuff, GENE INGER is waxing bearishly: 

 

"Hence, don't be lulled into any new false sense of security; just because Quantitative analysts and others tell you the market has nothing to hold it back for the many months ahead. Technicians are running around pointing to charts saying 'stocks are down to support and ready to spring forward'. That's marketing, not market analysis, at these extended levels.   

 

For sure; some stocks yes; but as many of the priciest are simply showing patterns of declining tops; and now lateral short-term lows, I'd beware lots more. Odds might favor not so strong a rebound as traders suggest, but rather a 'cratering' through those high-level supports on those issues."
Continued here: 
http://www.traders-t...-by-gene-inger/