Auguraltrader

Leading Indicators panel point to a burn out

CME_MINI:ES1!   S&P 500 E-mini Futures
Looks like the S&P500 should be running out of steam soon, based on the panel of leading indicators which most are about turning.
JNK just about broke down and topped out a pattern.
Russell2000 and the broad market Value Line failed a breakout.
VIX and TLT are about to break out.
The ES futures weekly chart have indecisive candlesticks for the past two weeks.

While not a bear trend, a likely technical retracement due...

Heads up

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