The Market Condition of US Equities
Saturday, 29 August 2020
Normal service resumes
Mini update - Aug'30th 2020
Monthly momentum turned fractionally positive in July, and accelerated across August.
Momentum could be expected to remain positive into 2021, as the m/t trend is unquestionably bullish.
To deem the l/t trend bullish, I would need to see 18mths trading above the monthly 10MA, which would take us to Oct'2021.
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