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GOOG has a weekly scale top that will be active through mid-December.
Amazing to see that gold has a semi-annual scale (6 mo. bars) top and silver just got a quarterly scale top. These are both extremely rare signals that will be active for years.
There are a number of technology ETFs showing daily scale tops tonight. Expect a retracement period into the first or second week of Oct. Our tools are available by subscription on Bloomberg or TradeStation.
Further checking showed top indications are far worse than first thought. I just discovered the IYF, IYG, Russell 1k and 3k are also top extended through the 3rd week in July. Expect a rough patch near term. Subscribe to our tools from the Bloomberg app store (APPS)