Whenever this occurred in the past I have advised investors to raise cash by 50%, and I hereby do so today. Overseas, the Nikkei 225 remains below its multiyear intraday high of 23,382.15 set on Nov. 9. This measure is from the December 1989 all-time intraday high of 38,957 to its low of 6,994.90 set in October 2008. The Shanghai Composite ignored strength in the U.S. and still has a negative weekly chart. The Nifty 50 set its all-time intraday high of 10,490.45 on Nov. 6, and its weekly chart has been downgraded to negative today.

Source: Forbes December 01, 2017 18:56 UTC