Yet Another Reason for a Market Top

Over the past week or two, we've enlisted a handful of reasons - both here on the blog as well as in the members area - why the markets may be putting in a top. Here is another...

S&P-500: A Market Top?

Do you notice what is going on near the top-right of the picture (this is the daily chart of the S&P-500 showing price action overlaid with the bollinger bands). Notice that the upper bollinger band has just about come back into the picture, and what has it done...?

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S&P-500 Threatening Bearish Break of 20dMA

Good Monday Morning! This morning we initiate the daily chart of the S&P-500 as the 'Chart In Focus.' The index is challenging its 20dMA, which sits at exactly 1070.

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