Euphoria Phase Turns into the Parabolic Phase

Posted by Toby Connor: GoldScents

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5-9tc

The euphoria phase of the bull market that I warned about months ago is now beginning its final parabolic phase. I’m guessing we still have another month to month and a half before this runaway move finally ends. Depending on how far above the 200 day moving average it ends up stretching, I think there’s a pretty good chance we will see the entire intermediate rally wiped out in a matter of days or even hours when this house of cards finally comes tumbling down. 

5-9tc

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