The SPY Breakout Looks Like a Flop

U.S. equities have had a slow, choppy go of it for most of 2015. While the broader indices — including the S&P 500 — managed to push to fresh all-time highs, non-confirmation warning signs from various sectors and the lack of momentum are flashing and could soon lead to a mean-reversion move lower in the SPDR S&P 500 ETF Trust (NYSEARCA:SPY).

Read my full analysis here: http://investorplace.com/2015/03/spy-breakout-looks-like-flop/?sid=HW8445&cp=CWOE&ct=20150304&cc=announce&en=12345678&cpp=CWOE&enn=12345678#.VPdjCvnF-Ck

 

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