Auguraltrader

Leads telling that equity markets (S&P500) are in trouble!

Short
AMEX:JNK   SPDR Bloomberg High Yield Bond ETF
A scan of my leading indicators show that 4 out of 4 have topped out and are in clear reversal/retracement mode. Candlestick patterns and technical indicators suggest so.
While this is happening, we see more all time highs being clocked on seasonally low volumes.

Clearly something is amiss and divergence is about to converge...
CAVEAT EMPTOR!

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