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dpuleo19

Big divergence between $SPX & $CPER

United States Copper Index Fund ETV (AMEX:CPER)  
dpuleo19  
AMEX:CPER   United States Copper Index Fund ETV
Trend Analysis Technical Indicators Trend Lines SPX (S&P 500 Index) Copper CPER Divergence Bearish Patterns VIX CBOE Volatility Index TLT bonds UUP
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trendanalysis indicator trendline spx copper cper divergence bearish vix tlt bonds uup
This probably is not a good sign for the SPX , as these assets are highly correlated (0.88) and normally CPER leads the business cycle.

Also, the VIX is back above 20 and TLT hasn't resume its downtrend.

Even the dollar UUP is showing strength again.

I'm 87% in cash and also have tighten all my stops.

Let's wait and see if the SPX holds or breaks down.
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