Lions and Friends! NEW TREND FOR THE MMRI. (Important).
From Greg M
Lions and friends…
The MMRI has clearly made a turn around and started a new trend lower. (See chart below).
The RED parallel lines demonstrate the last uptrend. The BLUE parallel lines show the new downtrend. I added a GREEN arrow to also show the change.
This new downtrend is the direct result of debt buying/purchases (I wonder who is buying?).
With that, and if this trend continues, you can expect stocks to get bid higher. You can also expect much greater price action distortions across the board..
To follow the MMRI in real time click HERE.
GM
That tells me, buy the dip.
Love the MMRI!!!!!