Our risk model has changed from neutral to a 'sell signal'.
Key technical and psychological market indicators are being discussed:
Distribution Day Count SP500 (5), NASDQ (2) Up / Down Volume positive New 52w Highs / Lows ratio < 1 Stocks above 200d MA negative Advance / Decline Line declining Volatility Index VIX close to 30 Long Term Bond Yields US10Y < 1.7% Bulls vs Bears caution