It looks like the US stock market is approaching a major top.
The stock market feels severely overbought and deeply over believed.
Sentiment measures are closer to an extreme.
The 10 day MA of the NYSE TRIN is at an extreme level not seen in years.
Bullish sentiment is approaching a multi year extreme.
Prices are advancing but the internal strength of the market seems to show deterioration.
This is not a bullish signal.
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