The weekly RSI on the #SPX is over 80. In other words, extremely overbought. The previous 13 times it did this, the #SPX was higher a yr later 12 times and up +12.8% on average.
lpl-research.com/~rss/LPL_RSS_Feeds_Publications/WMC/Weekly_Market_Commentary_12182017.pdf?adbsc=social_lpl_brand_awareness_20171219_75068247&adbid=942909680090693632&adbpl=tw&adbpr=313335112
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