The S&P is still topping and has a nice head and shoulders top formation in place and I expect the market to sell off any minute. Not internal change to the bearish outlook as my proprietary indicators have 144 bearish signals triggered and only 6 bullish signals.
But to be fair and objective, the NYSE and ARCA, which are two very strong overall market bellwethers, actually have their advance/decline data rising higher than price, which is often a bullish indication.
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