What's wrong with this picture.

 

It seems as the market goes up the street and the media says all's well and good. But really what doe's this say. When everyone is on the same side of the trade something is a foot. Check out the tops of market sentiment and the lows and how they very closely correlate to the tops and bottoms of markets. Where do we go from here no one knows, my guess is down at least for the short term with a moderate upswing after UNCLE BEN calls QE3 sometime in March but an inevitable leg down after May 15th or so. Lets take a look at another chart to better dramatize the effect.

 Thanks to streettalklive.com and dshort .com for the charts and help in making my predictions.