I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Wednesday, March 31, 2010

Bob's Your Uncle

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 :)

blog comments powered by Disqus