Big divergence between $SPX & $CPER

This probably is not a good sign for the SPX, as these assets are highly correlated (0.88) and normally CPER leads the business cycle.

Also, the VIX is back above 20 and TLT hasn't resume its downtrend.

Even the dollar UUP is showing strength again.

I'm 87% in cash and also have tighten all my stops.

Let's wait and see if the SPX holds or breaks down.
Bearish PatternsbondsCopperCPERDivergenceTechnical IndicatorsSPX (S&P 500 Index)TLTTrend AnalysisTrend LinesUUPVIX CBOE Volatility Index

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