[GlobalCitizen]

Here's the overview charts of the US Bullish Percent and Moving Average Breadth.

Note: Stage 3 is showing in all the major US markets now. Keep an eye on our leading breadth indicators, especially the Percentage of Stocks above their 150 day MAs in the various US markets which currently stand around the low 50% mark and lower in some, as moves below roughly 40% in all of these would be a sign of a potential move to Stage 4, and can happen before the various indexes actually breakdown. So something I'll be keeping an eye on.

But overall a time for caution for investors, and a time for traders to be looking for good quality possible Stage 4A breakdown candidates imo.

Could it be that we are taking a break and a stage 2 continuation will occur? Back in 2015 when the situation with Greece happened, the indexes broke below their 30 week moving averages and formed double bottoms, only to take off again about a year later.