Markets Flash First Significant Warning After Long Rally – Here’s What to Watch

Market Tailwind Report: Momentum Cracks Emerge and Market Forecast Oscillators in the Junior Timeframes Enter the Danger Zone

We finally got a real down day after a strong run. The fastest market forecast oscillators (Momentum and Near-Term) flashed Danger in many places, which often means at least one to several days of choppiness or giveback. The bigger-picture gauges (long and intermediate trends, plus our intermediate forecast) are still positive for the main equity leader…