The S&P 500 is completing a 9-13-9 DeMark Sell Signal today on the daily chart:
The weekly chart already shows a 9-13-9 along with a potential stochastic divergence (setting up at the top of the chart):
Finally, the put/call ratio is flashing a warning signal. The 20-period moving average (wiggly blue line) has dipped under 0.60 once again suggesting investors have very little interest in protecting their portfolios against the downside.
