There is a silent market rotation inside the S&P 500 that’s warning of more weakness ahead
Summary
A subtle shift is occurring beneath the surface of the S&P 500 as a specific chart pattern signals potential trouble for the index. Analysts point to a triple-top reversal formation indicating that the benchmark may face an extended phase of relative underperformance and continued weakness.
A “triple-top” reversal chart pattern is pointing to a period of underperformance for the S&P 500 — perhaps a long one.
Source: Read the full story at MarketWatch.com - Top Stories
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