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Wednesday, March 28, 2018

Not Much Green Left...Bear Market Approaching?

Watch for the S&P Consumer Staples, Real Estate & Utilities Sectors and the Dow Utilities Index to join the others and turn red (in the 5-Day MA column)...as a potential warning of a bear market in the making.

What we'd need to watch for as counter-indicators to such a scenario is described here, here, here, here and here.

Source: Barchart.com (as of Tuesday's close)