SPDR S&P 500 (SPY): Most of my indicators have turned flat t...

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Re: None

Monday, 11/30/2020 10:29:36 AM

Monday, November 30, 2020 10:29:36 AM

Most of my indicators have turned flat to down from their elevated positions, indicating a possible top. Unlikely to be anything drastic yet, but possibly the end of this week, possibly corresponding to the jobs and ISM services/manufacturing numbers.

DRV (short real estate) has also signaled a buy. Which has been a leading indicator of market corrections historically. It is by no means 100%. Just one possible indicator of many to be used.

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