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Good evening folks.

Welcome to a new week.

The above chart shows the total financial market value from 1940 to present.

I came  across this today and the very first thing I saw, was a perfect five wave pattern off the lows into this years highs.

The corrections even happened in three waves!

It never ceases to amaze me the amount of places where the five wave pattern will occur.

The point being,

We are at a top in financial market valuation.

We can take todays news of another multi billion $ loss making unicorn going public as a clear sing we are at the top.

https://ftalphaville.ft.com/2019/04/10/1554885754000/Revealed--the-cash-cost-of-WeWork-s-global-expansion/

Massive losses that would cripple any normal company are viewed as a strength in the unicorn world!

Down to business.

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