Editor's Note: Below is an excerpt from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more about the Early Look

It’s Macro Monday! Let’s get after it and deliberately study what happened in macro markets last week within the context of @Hedgeye TRADE, TREND, and TAILdurations.

Globally, it was ugly out there for Equities:

1.    SP500 dropped -6.0% last week to -3.2% YTD and is now signaling Bearish TREND @Hedgeye 

CHART OF THE DAY: SP500 Is Now Signaling Bearish TREND  - 03.26.18 EL Chart

It’s Macro Monday! Let’s get after it and deliberately study what happened in macro markets last week within the context of @Hedgeye TRADE, TREND, and TAILdurations.

Globally, it was ugly out there for Equities:

1.    SP500 dropped -6.0% last week to -3.2% YTD and is now signaling Bearish TREND @Hedgeye