Divergence in SP500 and Nasdaq charts

There are some signs of turbulence ahead. SP500 is showing divergence with Nasdaq charts.

While SP500 made a new high, Nasdaq and Russel 2000 made lower highs. This is a clear divergence which shows all parts of the market are not bullish.

This is a sign to be cautious in the short term. Buckle your seatbelts.

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