Probably The Worst Sell Case of All Times...

What crisis....?

SPY closed up 1% Monday as we digested the start and the end of WWIII. Markets are very strong and resilient and it is almost impossible to even articulate a credible bear case without being laughed at. Nevertheless, here are a couple of charts that would indicate that the bull at least will encounter some resistance over the next few weeks. And yes, this is probably the weakest "sell" call you have ever read...