RUT is showing a stronger RSI negative divergence. Stochastics have been overbought for over a month now.
NDX has been in very narrow trading range for a month now. This is a strange non-conformation because the range has been so narrow.
There is a US-Europe divergence taking place. Over the last week or two, European stocks have headed lower with motive waves and paused with corrective waves. The US markets have been sideways to slightly up, But that is about to change as both will be headed (beheaded?) down very soon.
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