I have to bring this to your attention. (See MMRI chart below).
Theoretically what we are seeing here with the MMRI, circled, is VERY BAD.
As of late the stock market appears to be shrugging every thing off on the promise of more easy money… BUT THERE WILL BE A BREAKING POINT.
We will be watching this VERY closely.(MMRI)
Friday closed at 284.2
Today 276.8
Overall Market Risk is still ON—BuyALLDips
- Watch Gregory Mannarino (youtube)
- See Previous posts about the mmri and understand how to gauge risk and fully understand the drivers of the markets(Not stock charts, its all a derrivatives deriving value from the debt markets—hence why it’s important to understand the MMRI which tracks risk in the overall markets!
