Friday 20 March 2015

Back to bullish... again

With the market battling into the sp'2100s, the bigger monthly MACD cycle has again flipped bullish... offering a super bullish MARCON 7. With ECB QE, along with recent historic breakouts in the UK and China markets, there is little reason to expect any hope of a moderate correction until at least May/June.



Little to add.

March looks set to close at MARCON 7...  along with powerful net monthly gains for most US and world equity markets.