WHAT GOES UP

Must come down! Whether it be the stock market floating on overvaluation, or Gold and commodities rising on short covering, rather than increased demand, at some Resistance point markets will reverse.
The usually accurate McClellan Oscillator has been over bought for the second week; Bull/Bear newsletters are starting to get complacent (positive ratio). A new addition to the Indicators, from Barron's Market Lab: Delta MSI - 3600 stocks breaking up through their MAC (moving average crossover) .aka golden cross. Above 50% is Bullish. This week it is 58%.

Here are the numbers:

Date>	2016	3/11/2016	3/4/2016
Indices:	DJIA	17213	17006
	NAZ	4748	4717
	SPX	2022	2000
WklyVolume (Bshs).	naz/ny….	9.5/5.3	10.0/6.0
Specul.Ratio hi=bullish		1.79	1.66
Sentiment:	put/call-CBOE	70	61
VIX>50-alltmlow=8.8		16.5	16.9
DeltaMSI-50%	MAC crossover	58%	N/A
Advance/Dec-NYSE..		2087/1104	2723/481
Weekly Net:		983	2242
Cumulative:		162260	161277
Weekly	NYSE hi/low…	203/28	186/57
New Hi's/Low's	Nasdaq h/l	104/110	108/128
McClellan	Oscillator	73	104
McClellanSum	.+750/-1000	682	324
Newsletter	Inv.Intel -Bull	39.4	36.4
Surveys-Tues	Bear:-5yrs	35.4	34.3
Wed.	AAII  -Bull	37.4	32
	Bear	24.4	29.3
US$-WSJ		96.2	97.2
3-box rev	Bullish%-	74	71
US equity -ICI	Fund Flows	weekLate	(2.2B)
MMF flows	Change in $B	(1.2B)	26.0B
MargDebt- top (300M)	monthly
2-yr Tsy Yield: Inflation		0.95%	0.86%
TIP (ETF)	Inflation	111.9	112.6