18 February 2014

SP 500 and NDX Futures Daily Charts - Want To Take you Higher

This will end badly.

Notice how equities hit the bottom of the trend channel, and then took off like a horse with a red hot poker applied to its posterior.

The real economy is not keeping pace with the financialisation of reality.  And that is a recipe for disaster, but in the future. 

In the meantime, try not to get in front of these drunk-with-power drivers.