Replies to post #89491 on SPDR S&P 500 (SPY)

[Footquarters]

re divergences






triple divergence on the woo hoo MACD, over bought, as they say something has to give..... oil, dollar, markets... all three.... 1090 SPX tradable short - hold short under 1070 until then we are still in a extreme overbought hold long... everything is lining up for a strong move down......

[Two-timer]

What does the good Dr. McHugh have to say? He's been calling for a "significant top" for some time now. Of course, he's been stymied like everyone else. Two
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"There are large Bearish Divergences in volume, our 10 day average advance/decline line indicator, and the MACD. These divergences are warning in spades that a significant top is approaching."