Per my post today Zooming Out, the SPX daily chart is looking like it is ... er .... retaining water? for the short term.
.... Well if the SPX is retaining water, then the FTSE is downright bloated.
Look at the FTSE RSI, MACD, and Stochastics, take a short position and Bob's Your Uncle :)
From E-T: Weekend Post – March 10, 2018
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There is a new post on my blog at this LINK. Cheers and enjoy the chart! E-T
6 years ago