Major reversal may be at hand

Many stocks and indexes are now in a state where price & time are in perfect balance. We may be seeing a long term top being formed here.
 
Once more, many stocks and indexes have reached a state of perfect balance; a major reversal may be at hand.

Quite a few stocks have just made new all time highs or 52wk highs. This suggests the bear market may be entering a new phase, one where the rate of decent is significantly greater.
 
 
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