Watch the divergence between the the S&P and two transportation indices. Some will see something and some will see nothing.
Pain usually awakens the senses.
Get ready for pain. Did I say when pain in coming? How would I know?
I hung out my clothes from the washing machine to dry in bright sunlight this morning. Then suddenly a downpour came. Drat! I screamed. The weather report did not inform me sudden heavy rain would fall! I couldn't see it coming.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.