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This Setup Can Drive Stock Market’s Direction for Years

This is a syndicated repost courtesy of Slope of Hope. To view original, click here. Reposted with permission.

Navigating a market this wild can get exhausting. I’m typing this just moments before the opening bell, and I’m ready to search out a hammock. In any case, I’d rather have a market like this than just about every moment of the decade prior.

Liquidity moves markets!

Follow the money. Find the profits! 

Keep a close eye on banksfinancials, and brokerages. Look how interesting the recent activity on the financials ETF has been intraday:

The bigger picture is what matters most. Click on the chart below to see the large version. It is an analog I’ve pointed out many times, and perhaps the most compelling one I’ve ever seen. This is a crucially-important analog. The kind of setup that can drive a market’s direction literally for years to come.

Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. I may receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.

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