From a pure price action perspective within the S&P 500 I also note that 70% of its sectors are trading at all-time highs. While this is a bullish takeaway for trend followers and respecting that price is the ultimate arbiter for traders, the price action is also further straying from economic reality, which now firmly shows global growth slowing.

Read the full analysis here: https://www.tradingfloor.com/posts/us-stocks-large-caps-stand-out-in-lacklustre-market-2498332

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