What I want to know is whether or not this chart (used for many months as a standard in NFTRH as a tool to help gauge risk on/ off) is going to bump back up like it did in 2008 when it (or more accurately, its implications) sucked people back into speculative mode just in time for the crash… or it will just continue on down? Either way, it’s bearish but a back test of the red line could come with a bull suck-in into 2015. It’ll be interesting.
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