Re yr confused Trin man..
No idea….sounds as if he has too many indicators, operating on too many indicators, which is an easy trap to fall into now we have computers, that will pretty much do anything.
I don’t know anything about Trin…but as an aside I bet Russells PTI has Trin in it, or some breadth indicator and that ain’t doing anything odd….it still says all is bullish.
The way I see the SM now is the fundamentals are worse than anyone could imagine, in a mkt that was living on borrowed time, over a swamp of unpayable debt and no way has the mkt falen to reflect any of that…but if the CB’s print enough, they can have a Zimbabwe mkt….a runaway bull.