I would really like to see a top formation on the S&P 500. market seems strong though, from the fed, market breadth indicators are strong, risk sentiment is off. apart from small retracements, there's not much on the downside.
would really like to see some risk off sentiment..if the US dollar and US treasury prices move higher together then that would be my signal, as well as junk bonds performing less than investment bonds and of course market breadth indicators falling apart.
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