The Traderszone Network

Published in TZ Latest News 2 July, 2016 by The TZ Newswire Staff

Rotation Is Painting A Very Bearish Picture

Here we go again.

It seems as though every time the S&P 500 challenges the 2100 level and its all-time high close (2131), another aggressive area of the market falls apart and the rally is not sustainable.  Below is a two year weekly chart of the S&P 500 where you can visualize these relative breakdowns one by one:

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