About That Other Chart We've Been Watching All Week...

Is it finally showing some signs of fatigue?

The ratio of cyclicals to staples — a nice indicator of bullishness — finally slipped yesterday despite the higher move in the indices, which is perhaps a sign that this ridiculous run needs to take a breather.

chart

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.