Leading indicators reversed a reversal
The reversal observed previously appears to be washed out...
JNK broke down previously as expected, and exceeded target. No rebound as previously expected, but instead a further push downwards followed. MACD in bear territory.
IWM , DJT and VALUG all swent further down after breaking the support that bounced off earlier. MACD crossed and deep in bear territory. Turned out suspicion was well anticipated.
TIPS failed a support, went back to test but pushed further down. Bearish.
TLT is still not bullish, having pushed down further. Odd.
VIX spiked very hard to get a higher high, but did not close at a higher high. Indicative of bearish markets but not clear as yet.
/HG Copper futures are still held in a tight range and a breakout was immediately pulled back into range. MACD is in bullish territory.
JNK broke down previously as expected, and exceeded target. No rebound as previously expected, but instead a further push downwards followed. MACD in bear territory.
IWM , DJT and VALUG all swent further down after breaking the support that bounced off earlier. MACD crossed and deep in bear territory. Turned out suspicion was well anticipated.
TIPS failed a support, went back to test but pushed further down. Bearish.
TLT is still not bullish, having pushed down further. Odd.
VIX spiked very hard to get a higher high, but did not close at a higher high. Indicative of bearish markets but not clear as yet.
/HG Copper futures are still held in a tight range and a breakout was immediately pulled back into range. MACD is in bullish territory.
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