Noting more indicative of a storm brewing then a full absence for the “wall of worry” in media to refuel rally with few bears and markets frozen in a complete state of complacency.
Overbought conditions everywhere with deteriorating participation and negative divergences.
NYSI flashes red
20140604 NYSI
VIX ready to sky rocket
20140604 VIX FWD
XJO ranging near the top
20140604 XJO channels
SPX hours overbought
20140604 SPX 2HRS
SPX days overbought
20140604 SPX DAYS
SPX weeks long developing rising wedge
20140604 SPX WEEKS