In the weekend Global Markets Review, I wrote:
Stocks remain in an uptrend — but watch the foundation:
Key areas have my attention for a potential failure and roll down.
This may be an optimal moment to begin scanning for Shorts / Hedges.
Macro could be leading the turn AGAIN — watch closely.
Fast-forward to today — and the charts look concerning.
Key areas are developing potential failure patterns (IN MOTION — watching closely).
It’s important that we revisit the key charts from the weekend:
These charts were “as published” — and what they look like now:
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