We explain 2 bearish signals that surely will affect to the SP500 in the next weeks and months.
Please take a look to this chart, this is the Standard & Poors 500 vs % of S&P 500 Stocks Above 200-Day Moving Average.
As you can see the #SP500 is in its higher highs ( black line of the chart) but the % of S&P 500 Stocks Above 200-Day Moving Average (green line) is unable to do its higher highs and is below the 2 previous highs.
Not to good.
On other hand, this is the FEAR and GREED index of CNN:
Two bearish signals or indicators to be, al least, aware of.
Get out of the closet and dust off your red jackets.
Good luck and nice trading.
José María López Higuera
Si te puedo ayudar personalmente con tus inversiones, contáctame a mi mismo personalmente: https://lnkd.in/gUnaBdm.
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