8.7 C
New York
Thursday, March 28, 2024

Visualizing The Saturation Of Hopium

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

As the S&P 500 oscillates in a 20pt range this week between its 50DMA and the 4/23-4 Bernanke Hope lows, it is becoming increasingly clear that the breadth of the hopium-infused float-all-boats new-normal reality is seriously fading.

NYSE net new highs is fading fast as the S&P clings to hope…

in a tight band between 50DMA and Bernanke’s Hope Low…

Chart: Bloomberg

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,450FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x