The investment-grade corporate bond ETF LQD leads the broader market. Off late it has broken down completely exhibiting a death cross. This spells trouble for the broader market.
S and p 500 has gone parabolic long term. Retraces to the base of each of the major parabolic base comes in at 2750, 2100, 1500, and 750. Long overdue in a depressionary collapse scenario that will likely play out.
Nifty at multi-year resistance. The end game is very near.