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.”
Real Vision Academy : DeMARK Indicators
In early 2022, Raoul Pal and the team at Real Vision sat down with Tom DeMark (Founder and CEO of DeMARK®) to discuss his career,