I’m with Martin Armstrong… We will see DOW 23,000 and a chance to see 40,000 soon.
The U.S. Markets are in much better shape than the rest of the world and most people on the street are not invested in the markets yet so no bubble yet. This is the false move down before the big move up.
Also Bonds have topped and that bond market dwarfs the stock market– all that money fleeing bonds has to go somewhere.