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Next wave down begins on Aug 5th?

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SP:SPX   Índice S&P 500
I have refrained from posting for sometime now as this rally has gone on for much longer than expected and I don't want to be too premature again.

However, while performing cross analysis of global markets, I discovered recently that both European and Asian markets led the U.S. markets by about two weeks. It seems probable that the same time fractal is about to play out, which means the next global market crash might begin on Wednesday, August 5th.

Bullish sentiment measurements in "all asset classes", not just the stock market, have pretty much blown through every historic highs. To me this means the next most probable path is a sudden, shocking and devastating crash, even more violent and perhaps more prolonged than the February decline.

Take caution. AAPL stocks soared to the moon today, yet the company has failed to do anything fundamentally incredible since 2014. Stock market bubbles have always ended in a final hoorah of invincibility, although most likely not remember due to the waves of bad news that proceed.

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