SPXT - Investors Hold Record Allocations Despite Rising Warnings

• With sell signals in place, volume rising, and breadth weak, a retest of the 50-dma early next week will not be a surprise.
• Deutsche Bank's strategists 'expect an imminent correction' even though they see the S&P 500 rising back around current levels by year-end.
• With supply chain disruptions looking to last longer than expected, the Fed is trapped between supporting a slowing economy and fighting inflation.

For further details see: