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S&P E-Minis Trend Indicators Flag A Broad Reversal In Sentiment

  • The S&P 500 E-Mini contract has been in an uptrend since Mar 23 2020.
  • Since early January however a shift in the trend condition appears to have occurred that suggests the uptrend has reversed.
  • The sharp sell-off in January has resulted in a key trend indicator reversing from a bull mode condition to a bearish one and price activity in February has reinforced this trend warning.

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