I know it’s impossible to believe – – absolutely impossible – – but there will be a bear market in equities one day. There will come a time, I promise you, when people will recall the “Stonks Only Go Up” phrase on everyone’s lips these days and laugh at how foolish everyone was. But whether the bear market begins on Monday or in ten years is anyone’s guess, because the Fed knows just how badly screwed they are if this charade ends. We’re talking end-of-the-road for the U.S. at that point.
The key is to keep an eye on even minor changes. Below are ten index charts and a few words about what’s require in each case for even a small breakdown to take place.