Written By Basilio Chen

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A change in short term trend of March 1 from the S&P high of 1370 shows a near term correction in place.

If prices break below 1335, a 100+ point drop can be expected.

Notice below the RSI overbought condition.

We are also covering Copper here as well as our research system has found it to fit a near perfect trend for this secular equity bear paradigm.