Tuesday, April 1, 2014

Expecting a crash, watch Techs


While the SP 500 is making another high, Techs are not ...
Divergence is quite clear ...
Techs now make up almost 17% (sector weighting of the SPX)
Crude oil is also reversing into a bearish pattern
Large caps (heavy weights) of the SP 500's chart do not look as good !
GOOG, AAPL, XOM ...
Be a contrarian !
Focus on Gold, Silver, Bonds

2 comments:

Dude said...

Well we are where your trigger is. Let's see if we can follow through after a dead cat bounce.

Anonymous said...

hi Moise,

As you predicted QQQ went below short trigger recently. Do you expect it to go down below 200 MA (81.87)?