CBOE equity option ratio was .51, lowest in months. No, not a sell the farm and short the market indicator, but says we need at least a 2% drop before off to new highs again.
My gut is we are again at the end of the bull, so qqq could go up another 20% before it all falls apart.
what will bring it all down? ONly takes something negative to finally start the ball rolling.
Last, up into mid july or end of August makes the most sense. Either july earnings kill the bull, or fall correction starts it.
Weekly leading indicators have been falling steadily for 6 months, starting to accelerate down move, in past has always led to a serious market correction, but hell, Trump will make america great and so what me worry?