This is an Intermarket Analysis chart review which graphically represent relationships (strong and weak) that can foretell how the undercurrents are moving to better identify where stocks/sectors/indices are flowing!
Last week was the biggest down week since March… and yet, S&P futures positioning reached a two year high. So many positioning long into the election. Even Friday’s call buying near end-of-day helped foretell the gap up this morning… and yet, I still contend this market is not safe. Before this latest pullback, clients had […]