I mentioned the rapid switch from 'too many shorts' to 'too many longs' (extreme BTFD) ..here is a signal that shows this - note. it has ways to go back down hence
going to be hard to market to ascend without a longer 'pullback' here.
https://mark_davidson1-yahoo.tinytake.com/msc/Nzc5NTI3NV8yMDg0NDY0MA
Psst - Bulls look away, you don't want to look at this signal it is FUGLY and I can show alot more that have so far, never failed to call a bear market low.
Note - signal is always 'outside inside'
We had TWO chances for bear lows on this signal and current one is looking doomed ..this is part why I expect a longer range here to get this triggered for sell.
The way signal is behaving is very bearish ...but i'll go over on video when I do my 2023 forecast along with even worse signal on senitment.
https://mark_davidson1-yahoo.tinytake.com/msc/Nzc5NTI5MV8yMDg0NDY4Nw
Edited by EntropyModel, 18 January 2023 - 06:43 PM.
Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data.
I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'.
Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email
https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB