S&P 500’s failure to confirm new record highs signals potential corrective volatility ahead, historically.

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The lack of confirmation for new record highs for the S&P 500 is still a major divergence that should not be ignored. Historically, this has preceded corrective volatility in markets seen in 2007, 2018, 2020, and 2022.

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h/t IAmNotAnEconomist

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