Notice the Divergence in NYA
. Most of this is due to the lower prices in Energy, This bleeding in oil
prices needs to stop. Else there is a chain of action that will dry the money docks from the markets. This divergence is very similar to the 2000 Tech Bubble. Currently, based on my opinion, the BIOTECH is setting up a similar chart.
Investors, 401k - Watch for the Main trendline break
Traders - Start trading what you see, and pick stocks wisely.