ConservativeOne1

Mkt is topping in my opinion

OANDA:SPX500USD   S&P 500 인덱스
I am expecting a pull back of 10%+ soon...not trying to call a top...but there appears to be little momentum and follow thru on the recent ATH...and we appear to be in an ending diagonal on SPX. This with the recent decline in 10 yr yields and today's spike in the DXY (dollar) tells me that there is fear creeping into the market...if this takes hold a sell off will happen...best to be cautious and raise cash or at least to get some VIX exposure to protect any longs that you have right now.

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