Toward the bottom of my Mindful Investor LIVE ChartList, there is a series of charts that rarely generate signals. So why would I include things like the Hindenburg Omen and Coppock Curve, which are usually a nonfactor during my regular chart review, in my main list of macro charts? Because I’ve learned that when these rare signals do actually occur, it’s best to pay attention! As I checked in on the markets this week during Spring Break, I noticed that the weekly S&P 500 chart showed that the RSI had just broken down out of the overbought region. And while the weekly PPO has not yet registered a sell signal, it finished the week by almost doing so. At major market tops, you’ll usually see overbought conditions leading into peak, as prices move aggressively higher in the later stages of the bull market. The weekly RSI (bottom panel) pushed above the 70…
