WHY THIS TECHNICAL DIVERGENCE IS IMPORTANT!
Some technical divergences are more important than others! They all nevertheless are reliable technical warnings.
This divergence of the S&P 500 with the G3 Central Bank Balance Sheet may be the most important you have seen in awhile!
The G3 have been very clear regarding their policy shift to QT (Quantitative Tightening)
REMEMBER WHAT HAS BEEN DRIVING THIS MARKET - G3 BALANCE SHEET GROWTH!