The Buffet indicator uses overall US equities value compared to GDP as a simple metric. Applying this to previous bubbles there are several similarities indicating a potential recession and downward trend. Recently the Buffet indicator was rejected off of the QE bubble trend. Based on long term levels of fair market ratios in a NON QE environment, the indicator...
On the 4hr BEP broke out of descending wedge, bounced off the 200MA with low RSI. Could be the bottom and the bounce back on the uptrend
Bouncing off the 4hr 50EMA like a boss. Could see a breakout anytime now with RSI very low