Technician

SPX: Topping Signs Continue

Short
SP:SPX   S&P 500 Index
28
For the first time since the beginning of the bull trend in 2009, high yield bonds and the Ratio of XLY/XLP are moving in the opposite direction of the SPX(Diverging).. Another major warning signal. It looks like stocks are getting closer to the ultimate short.

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Technician

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