Thomas DeMark, chief executive officer and founder of DeMARK Analytics, says the DeMARK Indicators which times market tops and bottoms, says the indicators appear to be showing trend exhaustion for the Shanghai Composite Index, allowing for the possibility of a new high in the next couple of sessions and then a drop of 10%. DeMark says tops are less easy to call than bottoms, but cracks are appearing in the U.S. equities market and he sees a 16-17% drop for the S&P500 from its July peak. DeMark speaks with Bloomberg’s Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s “The Hays Advantage.”
CNBC
Mad Money with Jim Cramer and the DeMARK Indicators 7-6-22
“Mad Money” host Jim Cramer discusses chart analysis with the DeMARK Indicators.
Jul 6, 2022
