From the link:
Obviously, the market in general is walking along a cliff (see the blue trend lines)… But until it falls off that doesn’t matter.
So is it going higher? I hate to but I have to shrug on that. Could be but with that cliff edge so close better to be be alert, and best to put in place some protections like trailing stops on any long-term investments.
For more discussion and the chart:
WALKING THE LONG-TERM CLIFF EDGE