I won't tell you that risk levels are low, they are very high. China didn't
have a good night as panic selling came in as they experienced a 7+% drop on
the Shanghai Composite.
At the same time,we have something they don't have and that is a Fed pumping
in money.
Below is our Inflowing Liquidity chart and it did show a drop last night,
and the tick was a slight lower/low so that should be very concerning. The
Inflowing Liquidity levels need to hold today in order to avoid further trouble.
Marty Chenard is an Advanced Stock Market Technical Analyst that has developed
his own proprietary analytical tools and stock market models. As a result,
he was out of the market two weeks before the 1987 Crash in the most recent
Bear Market he faxed his Members in March 2000 telling them all to SELL. He
is an advanced technical analyst and not an investment advisor, nor a securities
broker.
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