The S&P 500 is up by 30% in under 1 year, since its December 2018 bottom.
However, the technical image is starting to look overextended. Also, the VIX divergence is very troubling.
The "Fed Put" appears to be off the table, and the economy as well as the stock market may begin to stall once again.
Many key economic indicators appear to be changing rapidly from month to month, underlining the fragile, and unstable state of the U.S. economy.
There are multiple other factors that suggest the S&P 500 and stocks in general are at or are near a top. Please read on to find out more.
Don’t Get Too Comfortable, A Meltdown Could Occur at Any Moment
The S&P 500 (SP500)/SPX is trading at/or near new all-time highs. In fact, the SPX has surged by a whopping