3 WTF Charts

Tyler Durden's picture

Bad breadth, flaccid flow, and bonds bid - what could possibly go wrong?

 

The negative divergences are mounting...

Breadth is not at all supportive...

h/t Brad Wishak of NewEdge

 

"Smart money" Flow is decidely the wrong way...

 

And bonds are well bid...

 

BTFWTF - it could only be a non-economic indiscriminate buyer of last resort... the desperate to shrink their float and flatter EPS - corporate buybacks.