A lot of people calling for a bounce here,with for example a possible Vix buy signal on the S&P and positive divergence on the NYMO (McLellan oscilator) European markets dont seem to have much room for a bounce though ?
Fridays FTSE candle was a doji and UK Bulls website is calling it a buy signal.I have my doubts given the overall picture,but IF we do,the 4 month cycle may offer a clue how it could turn out.The 3 and 4 month cycles are both supportive of a turn at the eom
Fridays FTSE candle was a doji and UK Bulls website is calling it a buy signal.I have my doubts given the overall picture,but IF we do,the 4 month cycle may offer a clue how it could turn out.The 3 and 4 month cycles are both supportive of a turn at the eom
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