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No, not that kind Fully ! Armstrong writes of the Klaus gang trying to make another try to crash the markets to create a recession as the last try failed in Jan 2020. Hanging on by threads, everything goes down with the bath water. Added Emerging markets, Klaus does not like the right movement in Brazil.
Klaus would not know the first thing about capital markets.
His ego would blow up every trade.
Hopefully he is short the stocks and long Europe sovereign bonds. This trade will blow him up.
I, too, have noticed the Transportation Index has not confirmed new highs on the Industrials.
This is one of the “old school” bearish signals that Plunger often looks out for.
But of course, it is “different this time.”