Can You Hear The Sounds Of The Popping Bubbles For The Five Major Equity Averages?
When May began the Dow Jones Industrial Average, S and P 500 and Nasdaq were in “inflating parabolic bubble” formations. This occurs when 12x3x3 weekly slow stochastic readings are above 90.00 on a scale of 00.00 to 100.00. This was the reason for my call, “sell in May and go away.”