While all the technical traders have been busy assuring me I’m wrong and the stock market is about to crash we see again today that technicals are useless as the market comes out of 7 year cycle low. Quit wasting your time following these people. The perma bear deflationists will just continue to get it wrong over and over. I warned there was the possibility that a runaway move could begin and if the S&P 500 breaks the intermediate trend line the odds are going to go up significantly that is in progress.
