Chart courtesy of Bloomberg.
In my opinion ,this chart is as horrible as it could get.
But please bear in mind that a “death certificate” of this “thing” can only be issued when the shorter Simple Moving Averages cross downwards the longer ones.
But this will take a long time, and by then, this “thing” might eventually have already imploded carrying a lot of (financial) victims with it.
Francisco (Abouaf) de Curiel Marques Pereira