Wilshire 5000 Total Market Index to Dow 30 Industrials ratio chart

Here's another ratio chart that supports the "bearish intermediate/long term bullish" thesis: The Wilshire 5000 Total Market Index to Dow 30 Industrials ratio chart is showing a small divergence since late January. This warned of an intermediate term high. But there is no divergence on the chart now comparable to the huge disparity between these indices that led to the 2007 top. Also note the large bullish divergence that led to the 2009 bottom. Unless the ratio breaks its uptrend there's nothing here that gives concern for the long term trend.