The Dow Jones Illusional Average Is Primed To Crash

The market is weak and hollow, an illusion created by momentum algorithms trading stocks back and forth on minimal volume...

ZH: May 27, 2016
2016: Stocks See Largest Ever Outflows

Below the superficial layer awaits a no bid market aka. gap 'n trap

Price / volume:

These are the largest stocks by market cap with relative strength (momentum):

JP Morgan

Third lower high

Johnson & Johnson

Fifth wave overthrow

Google

Third lower high

GE

Peaked

Facebook

Rising wedge

Anheuser-Busch (Budweiser)

Peaked

Berkshire (Warren Buffett)

a-b-c counter-trend visible on RSI

Amazon

Fifth wave overthrow

Apple

Fourth lower high

AT&T 

Fifth wave peak

Exxon

a-b-c counter-trend clearly visible on the RSI:

Walmart: Weaker than 2008

Wells Fargo: Third lower high

P&G 

a-b-c counter-trend 

Pfizer: Peaked, finishing counter-trend

Microsoft: Peaked

Lockheed Martin

Fifth wave overthrow