“Complacency is a state of mind that exists only in retrospective: it has to be shattered before being ascertained.” – Vladimir Nabokov

If you missed our latest video, you check it out here > Latest Weekly Outlook.

Today we will discuss liquidity, complacency and what this mean for the markets, along with the current broader ranges we are trading in. Once again, the Shanghai Composite is not looking pretty and has now gone full ‘knife through butter’ at that magical 3000 mark.

As always, there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.

Wishing you a great day ahead.