sp'monthly9
Summary
Little to add.
The broader US equity market remains pretty strong, as also reflected in most EU/Asia markets.
-
So.. .holding at MARCON 6, but if sp'2130/40s into early May.. the status will turn back to an outright bullish 7.
Friday, 24 April 2015
Still holding a bearish cross
Despite new historic highs, the monthly MACD cross is holding on a number of indexes.. including the sp'500. However, equity bears face further problems as the USD looks in the process of retracing lower into June. A weaker US Dollar certainly bodes in favour of continued upside.
sp'monthly9
Summary
Little to add.
The broader US equity market remains pretty strong, as also reflected in most EU/Asia markets.
-
So.. .holding at MARCON 6, but if sp'2130/40s into early May.. the status will turn back to an outright bullish 7.
sp'monthly9
Summary
Little to add.
The broader US equity market remains pretty strong, as also reflected in most EU/Asia markets.
-
So.. .holding at MARCON 6, but if sp'2130/40s into early May.. the status will turn back to an outright bullish 7.
