S&P 500: Look Out Below!

Bullidex for May 5 20012

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Bullidex for May 5 20012

Hey folks, I haven’t been on the box for quite some time, but I just wanted to make a small observation about the US markets. It looks like the ride up the ol’ S&P 500 is coming to an end as the Bullidex is now trading below a falling 5 period avg. Periods of increasing volatility and fewer rising stocks make riding the wave up much harder, so go to cash or get short until the coast is clear.