signs of a market top by X user The Long Investor
@KYHBKO:
Signs of a Market Top: - Parabolic Market moves in Wave 5 - Bubbles in particular sectors - High PE Market average - Large breadth between the price action and the 50 Day/200 Day MA and significantly above the 200 WMA - RSI above 80 - Sentiment believes ‘they can't lose’ - Wall St aggressively bullish (now) - Heavily reliant on one sector to carry the market (Semis/Ai) house of cards scenario - Retail going all in - Retail largest inflows in decades - Smart Money adding Safe Havens - Smart Money going to Cash - Smart Money going to new markets outside of the US (China) - Delinquencies at a record high - 10 Year not following the Rate Cut decrease - VIX above 38 Does any of this look familiar? The above is taken from X user The Long Investor post dated 28 December 2024. I will like to