This fake breakout

Don't be fooled by wild bulls on mindless rampage--unless they get SPX over 1960, then the pattern will have changed, but even that doesn't mean the bear market is over. It only means we will have a slight postponement. Anything can happen, but right NOW the weight of evidence is trend will turn down soon. The closing TRIN of 45 is bearish to me in a down-trending market. GL

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