The tweet was deleted by the author.
But we saved everything 🙂.
Yuriy Matso reports that the Bullish Percent Index has formed a new bearish divergence, marking the fourth such occurrence in the last 2 years.
The repeated emergence of bearish divergences in this market indicator over this period may signal ongoing caution for investors.
Matso has previously reported that the VIX term structure remained in contango, indicating a period of market calm. In another instance, he observed VIX backwardation as the S&P 500 neared a record high. These earlier events highlight shifting signals in market volatility indicators.