S&P 500

Spinning top on Dow daily and weekly chart

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Volumes have been low for quite some time now, Reuters Lippers data for the week ended June 7 showed increased flows into US treasuries and global bonds.
Spinning top signals bullish exhaustion… needs a bullish follow through… that would confirm a short-term top has been made. A bearish follow through on the weekly chart would open doors for a bigger correction.

Feragatname

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