SPY remains in weekly RWB up-trend, approaching green line ATH…
The world developed markets outside of the U.S. look like Turkey’s markets did about 14 weeks ago when it entered a Stage 4 decline…..
How long can the US market remain strong when most other world markets look terrible? Our tariffs are hitting them when they are already on their knees. Who will we sell to?
One example is this weekly chart of an ETF representing Germany–Stage IV decline!!! There are so many more world index charts with patterns like this.
But the U.S. may have hit a wall at its green line ATH last week?