XBD trying to tell us something?

Broker dealer index, XBD (highly-capitalized companies in the United States (U.S.) securities broker/dealer industry) has printed new recent highs and is not far from ATHs. Hartnett explains why to watch this: "...big "breakout" signals new bull market, "double-top"…bear market has unfinished business." Charts showing the XBD vs SPX gap...