No one indicator is the holy grail of timing cycles– market moves are complex. But the ingredients of every cyclical bear are consistent through time and all are present today in the form of record leverage, valuations and complacency, together with misplaced faith in central bankers and formula traders running wild. 13 years since the last secular bull ended in 2000, we continue to work our way through this secular bear, due every day now for the next big cyclical decline.
Ron William, founder & principal market strategist at RW Market Advisory, explains classic patterns of distribution (strong hands to weak) evident in the stock market today which are flashing warning signs for those who wish to see them.
Here is a direct video link.