Click on Chart to Enlarge
See the notes on the chart above. The break of the uptrend line is an initial warning that the uptrend may be complete. A fast break of 1340 would be further indication that a high may be in place.
The NYSE, Russell 2000, and Dow 30 are all also under their corresponding trendlines.
It may be wise to wait for a rebound for the stochastics to move back above 50 and then make a bearish cross before considering bearish trades.
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