For the week ending September 8, 2017, bonds outperformed stocks. Whenever bonds outperform stocks it means that money came out of offensive stocks and went into defense bonds. Tracking the bond market is one of our most important tools for swing trading. I did a lesson on how to trade in a sideways choppy market here.
The fact that bonds outperformed the S&P 500 last week supports the thesis that a market pullback is likely coming the week of September 18 – 22.