Crytos went crazy, but S&P wants in too!

I don't need to go on much about the crazy cryto movement, with them grabbing the alternative media space this very moment. I do however, need to turn your attention back to the stock market. 

Yes, the US numbers are not that great. Yes, Donald Trump is eating up all his campaign promises. Yes, there could be a plunge protection team buying all the dips. And Yes, market breadth is decreasing, with the big gainer stocks holding up the overall market. 

Does that mean we are going to crash? I believe we will, but not yet. 

Right now, i think its the S&P's turn to run like the crytos. Would be great if it goes 1000%, but probably not that crazy. 

On the chart, the price respected the resistance turned support channel and bounced off 2340, erasing the red bar caused by the Trump impeachment issue. Almost like it never happened. Look at how easily it sliced through 2400 on low volume. At this very moment, we are at ATHs in S&P too! I cant really explain the economics even though its my area of study, because nothing seems to be logical at this stage anyway. 

What do know is, the hot money in the equity markets have yet to exit. QE in Japan is still ongoing, so the music will go on for now. If we have both the crypto and equity markets hitting highs after highs in the next 2 months, speculation fever will start to hit the media. That would entice even the most novice of investors to go into the market. "Buy anything, absolutely anything, and wait for it to go up!" 

That might be the perfect setup for our crash scenario. That might also be the hyperinflation scenario Clif High is talking about. We are getting nearer by the day.