Our Gorilla Index sent a clear warning by turning lower six weeks ahead the peak in the S&P 500 earlier this year, and it has consistently led the market lower over the course of this bear market. Today, the Gorilla Index has decisively plunged below its lower support level and is making new lows ahead of the broader market. This is a concerning warning flag because as we’ve previously stated, wherever our Gorilla Index goes, the S&P 500 will inevitably follow…
Eli Petropoulos, CFA – Sr. Market Analyst
