MMTH Flashing signs of Caution for U.S. Stocks

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Percent of Stocks Above 200-Day Average (INDEX:MMTH)

INDEX:MMTH Percent of Stocks Above 200-Day Average

Looking at this chart, we have a potential box break down shaping up. This would mean weakness in the equity markets. I'm leaning short as we are below the -1 Bollinger Band. To me, that means down trend.

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