The ‘Board’ before London open looks very USD bullish and the USD Index CFD is at key resistance whilst the EURUSD is (at the…
Chart 9: Any hopes for continued upside in Global equities MUST see Asia improve and the only way to do that is with the…
Chart 8: NYSE McClellan indicators not looking too healthy!
Chart 7: US investors in ‘complacency mode’ as the VIX is at low levels, typical market top behaviour. Watch the VIX divergence because things…
Chart 6: Risk On/Off proxies have not been confirming the SPX new highs and are signalling a risk-off environment plus 10-year SPX seasonality sees…
Chart 5: SPX making a case for a reversion back to its Mean plus short term momentum deteriorating after a bearish divergence.
Chart 4 – Money manager sentiment quite bullish but divergent, right in the contrarian ‘zone’! Historically when this occurs, a pullback with varying magnitude…
Chart 3 – Catching another ‘Breadth’ of the market, fewer stocks are hitting 52 -week highs as the SPX prints new all-time highs plus…
Chart 2 – Catching the ‘Breadth’ of the market, things are not looking good ‘under the hood’ of the US market plus MACD displaying…