Have seen this series of the post before from you, but today I spend more than a bit of time reading it and trying to understand. A wealth of information you provide for someone who never jumped in understanding the stock markets. Based on the SPDR per sector, we are on the left side of the rotation circle, somewhere between bottom and top, depending on the sector. In average this indicated the stock market is not at its tops yet. Is that also what you conclude, in case you can draw any conclusion?

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