Fake Rally – Losing Steam?
After one of the biggest runs we have seen after a market crash, I think this market needs to let off a little steam. Although many halfwit analysts are screaming DOW 20,000 we dont see this happening soon. Sorry to burst your bubble.
The government have pumped up this market so much full of liquidity, its looks more like a fat kid eating so many cream buns he is ready to explode.
Here are our top 5 reasons that this market rally could lose steam very soon.
1) We have only gone up on fake money that has been flooding the system.
2) The rally we have had has been up on light volume, a sign of weakness previously.
3) Many people are waking up and realizing that the govt keeps lying when they say “recovery”
4) The Chart is telling us that historically this market is very VERY overbought at the moment
The video below gives a more in depth explanation.
