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If This Doesn’t Scare You, Nothing Will

by Clive Maund
Gold Seek

Technical analyst Clive Maund charts the markets and explains why he finds that the U.S. stock market is at an unprecedented overbought extreme.

[…] There are times in life when being alarmed is actually a healthy defense mechanism that gives you an advantage over the many for whom “ignorance is bliss.” This is one of those times.

The U.S. stock market is now at a dangerous unprecedented overbought extreme, as the charts that we will look at in this update make abundantly clear, after years of being wafted higher by a combination of QE, ZIRP and stock buybacks, and latterly Trump’s tax bonanza, which has kept the party going by making windfall cash available for still more buybacks.

Continue Reading at GoldSeek.com…

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