By Jeff Pierce

Note the rising bearish wedge on the Nasdaq indicating we could be close to a point where the current rally stalls.

nasd

 

Volatility has all but dried up. High volatility leads to low volatility and vice versa. We could be getting close to a reversal in volatility.

cpce

 

Another extended view showing the potential double top on Nasdaq and showing how the Vix is at Decade lows.

vix

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