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Leading Indicators divergent - a subtle warning

SPDR Bloomberg High Yield Bond ETF (AMEX:JNK)  
Auguraltrader  
AMEX:JNK   SPDR Bloomberg High Yield Bond ETF
Trend Analysis Chart Patterns Technical Indicators snp500 leadingindicators
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trendanalysis chartpattern indicator snp500 leadingindicators
Just want to highlight that the first panel of leading indicators are bullish like hell, and are also obviously bearishly divergent having MACD crossed down in the DJ Transportation Index, with the rest weakening significantly.

First warning shot...

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