Performance of SPX could have been explained by 10Y - 2Y spread...spread getting closer now, and this should make/made SPX underperform....not working anymore or just a lag?
DXY had a good run..overbought and a hanging man indicates this can be the top here short term
Have a look at the green vertical lines in the chart---past times always the same picture: macd wide open and RSI below 40...what happened? a bullish tone! so we are here at the same level, BUT we have to see a rather quick rebound in NDX to get to new highs soon..so, i am a LONG in NDX with a very narrow STOP
last occasions DJI always corrected when we had an RSi above 70 in combination with a break above the bollinger band looking at the 4h:::SAME SETUP HERE!!!!!!
Platinum looks like a triple bottom here (rare occasion:) on a monthly chart---Weekly already a BUY SIGNAL
As u can see in red ..1.all divergences workes in the shorter history. maybe this time, too:) 2. we are at the top of the uoward channel. 3. No need to mention everyone is high on a 1 trillion stock 4. Bollinger wide open as MACD....i am a SELLER here . cos it looks like short term correction
Divergences (in red) have worked in the shorter past...again? we are at the top of the upward channel, bollinger and mace wide open, RSI lifted and hyped as 1 trillion dollar company...technically go short here for a pullback
Looking at the Long trend EURSEK had a terribly good run, BUT...we have seen a Little bit higher highs, which have not been confirmed by indicators. Election on Weekend seem to be priced in..and then? technically i would favour right now a stronger SEK, cos EUR had good times,too long ( Bollinger bands open up, RSI divergence, )...So let´s see