SharePlanner Reversal Indicator, following today’s rally is really going to be in some serious trouble.
Up until today, there was some doubt developing, as the bulls continued to see their early morning profits slip into the red. But today, all is well in the market again, as it is now up 44% since Trump’s election.
Next week, I think you will see this indicator eliminate the bearish reversal signal we were seeing last week. and turn back towards the extremes yet again.
These are crazy times for the stock market. Not since the late 90’s have I seen a market this bullish!
Here’s the SharePlanner Reversal Indicator:
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