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5 Signals Indicating A Market Top (All Happening Now)

Published 10/26/2014, 01:02 AM
Updated 07/09/2023, 06:31 AM

Here are the 5 things that you might see near a market top:

1. Commodities rolling over

CRB Index

CRB Daily

2. Deteriorating market breadth...

...with leadership sectors (energy, financials, and technology) getting hit especially hard.

S&P 500 1-month heat map

SPX 1-Month Heat Map

3. Volatility and volume expansion

S&P 500 daily with average true range below:

SPX Daily With ATR

4. Sharp increase in high risk lending

Cov-lite loans percentage of new issues and percentage of outstanding loans

Cove Lite New Issuence

5. Record levels of equity investor margin debt

Marging Debt vs SPX

And the best part is that they are all happening right now…..

Original post

Latest comments

Crude will test again 80.4
Humphreys is awful
He sure is,,,,do the opposite of whatever he says!!
Watch closing month of future for S&P and DOW candle chart (monthly), The five waves has been accomplished, it has been broken during this month trading, but last week was recovered, and start to form " HAMMER CANDEL ", closing the end of the month will decide in which direction the fifth wave should be broken!!! beginning of Oct. trading will be dramatic full with action and drama !!!
so i suppose you are ... short ! to make money
i really think s&p going back to level 1944.65 on monday...
How are "they all happening right now..." when the Debt chart is only updated to July/August? - Also $CRB is at lows similar to those of the end of 2013/early 2014 where the Stock market then kept charging higher (with $CRB rising even faster).. Then The Heat map is not current and does not reflect the (unusually) strong rebound in Tech, Financials, and Energy/Utilities.. We may very well be merely in a strong counter-trend to the recent nearly 10% drop, but how do you plan your own trades based on the provided charts?
S H O R T E D !?!?!?!?!?
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