The maestro has spoken…
Market exhaustion, powerful combination of sell setups has completed on DJ!
US stock markets are topping, according to well-known technical analyst Tom DeMark. On Bloomberg TV, he said his charts are showing trend exhaustion.
He compares the market now to 2011 (inverted).
“We could have a dip here and then one more move up,” he said.
He didn’t say how far the market could fall.