Money Chasing Money
Keeping it very clean and simple. The $SPX buying exhaustion gaps alone are signaling at least a 20% correction this autumn. Those who missed the bull market are currently buying a, or the peak,--money chasing money. Not to mention the $VIX at all time lows. Eerily similar to 2007.
Just a heads up we got another gap up today, looking for a big one soon!