Replies to post #99462 on Mohacsy's Safe Portfolio Member Forum

[dexprs]

The 5YT and the 10YT were inverted a few times this morning before the open.

[10nisman]

The SPX is up and currently at 4,379. There is a short term double top at 4,386 from late February and early March which may act as resistance. Yesterday's move was strong and led by tech, communications and discretionary. As the market moves up today those sectors are lagging and energy, materials, real estate and utilities are leading. It's only one day but it's never a good sign when money rotates out of tech and into utilities.

Double top? Are you sure about that?