EUROPEAN BANKS and JAPANESE EQUITIES HAVE JOIN THE RALLY, EVEN EMERGING MARKETS ETFs ARE EXPERIENCING INFLOWS.
This type of rally can not be predicted by my systems and seems to have no end in sight. There is simply too much cash buying equities around the world and supply it’s still low.  A lot of wealthy investors and hedge funds were caught under invested. Just when it starts to weaken, it regains momentum on other sector, ETFs or country. One day it will end but no one knows when that day will come (today could be that day). VIX MOVING but could be just because of the Federal Open Market Committee. There are various downside risks but there are also upside risks to being short.