Buy Signals May Actually Be Sell Signals In Equity Markets
Ed Harrison discussed an emerging theory hes mulling following recent interviews with Milton Berg and Charlie McElligott during todays Real Vision Daily Briefing.
Harrison said the interviewees posited that we may be reaching a potential inflection point in the market. We saw the rally after the March 23 low, then around June 8-11; when the Feds balance sheet was the biggest, there were a handful of buy signals. Harrison said these signals came at a weird time and the price action since has bee…