So it going to get more ugly before the sun shines. I'm looking to short Wells Fargo in the morning as the Banks were telling another story despite FANG moving higher over the last 4-6 wks.
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My simple indicator gave a trigger on the SPY. We might be at the point where things are about to roll over.
It could happen in a fierce way.
The run up in the market is attributed to a handful of companies. Most of the S&P is sucking hind end.
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Agree, if FANG and Apple roll over, that spells trouble for the markets overall.
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