christian.langfors

SPX - MOMENTUM GETTING WEAKER

FX:SPX500   S&P 500 Index
5
SPX momentum is getting weaker. This doesn't necessarily mean "we-go-down-tomorrow" but it is a head's up red flag, high odds trouble down the road (unless bulls find more fresh cash to swing prices higher on good momentum). Note also that momentum can be weak for a looong time before it actually turns south.

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