sp'monthly9
Summary
Suffice to add... underlying MACD cycle is back to moderately negative.... aka.. MARCON 6.
A failure to keep pushing higher - at the zero threshold, would be especially bearish.
Lets see how the month settles.
Wednesday, 12 October 2016
A little shaky in October
With US equities trading back to the sp'2120s - with VIX 16s, price momentum on the giant monthly cycle has cooled a little. It will be important for the equity bulls to achieve renewed upside.
sp'monthly9
Summary
Suffice to add... underlying MACD cycle is back to moderately negative.... aka.. MARCON 6.
A failure to keep pushing higher - at the zero threshold, would be especially bearish.
Lets see how the month settles.
sp'monthly9
Summary
Suffice to add... underlying MACD cycle is back to moderately negative.... aka.. MARCON 6.
A failure to keep pushing higher - at the zero threshold, would be especially bearish.
Lets see how the month settles.
