Unbiased Forex and Equity Swing Trades
Friday, January 24, 2020
Wednesday, January 8, 2020
All Indicators Still on Buy: Ominous Charts Approaching
While indicators are still on BUY, there are some ominous charts appearing:
Negative divergences in SPX:VIX
Rydex Bull Funds/Bear Funds
at heights seen on last two peaks:
20 Day Equity Put/Call Ratio depressed:
BPSPX Currently with Negative RSI Divergence:
It is time to be prudent and watch for indications of a market top. Once I believe a top is at hand, and I do think we are close, the indicators on the site will change to sell. I expect the market to bottom sometime in April and end 2020 at 3488-3617.
Negative divergences in SPX:VIX
Rydex Bull Funds/Bear Funds
at heights seen on last two peaks:
20 Day Equity Put/Call Ratio depressed:
BPSPX Currently with Negative RSI Divergence:
It is time to be prudent and watch for indications of a market top. Once I believe a top is at hand, and I do think we are close, the indicators on the site will change to sell. I expect the market to bottom sometime in April and end 2020 at 3488-3617.
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