S&P , DAX , Nikkei and TSE April 16

They are not all entirely comparable but they all carry the same message. We are at a very important juncture and for that reason it is prudent to step aside. Unlike most brokers I believe that there is a red light ,a green light and an amber (or yellow ) light. The biggest mistake made is that of inaction! The market has been very bullish, up 24% or so and in some individual cases a lot more so I think this could be the halfway point and we take away a good part of the gains. Time will tell but the pattern, a flat wave (4?) occurs in all markets and should be followed by a dive, perhaps to new lows but we will see how it unfolds if it does. The bull case could just continue but in light of the evidence this is an amber light. Here are the charts.

S&P April 16

DAX April 16

Nikkei April 16

TSE April 16

Remember, you can click on them to enlarge, also you can move them across your screen so you have two or more side by side.