Several times a year the stock indices reach a critical “tipping point” when is is extremely probable a very sharp move will occur. We’re there.

The indices have been trading higher in the face of fiscal cliffs, debt ceilings, poor market internals (volume and breadth) and some sentiment readings that are at historic bullish extremes. Obviously, the market is about to get crushed…not so fast my friends…

Here is the latest analysis on the situation from an Auction Market perspective.

Today at 4:30 I will be updating the situation in our FREE webinar that begins at 4:30. Click here.