Maximilianned

One more Gap Filled - but with Divergences

TVC:SPX   S&P 500 Index
SPX

Bonds up, Yen up today - Always means something.

We filled a gap that frankly I thought we would have filled weeks ago, but now we have negative divergences. I won't call the top of the stock market impressive V shaped recovery rather its time for a pull back.

Maybe back to the 200 day (here in bright green) so they can take more buyers even higher to fill the gap over head. The Nasdaq keeps making higher highs with more divergences - its time for a reset.


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