it's seriously useless... in the US you have all these big cap stocks with beautiful bottom left to top right charts... trending like champions. Out of our big caps is there anything trending? It's just chop and indecision. As soon as you see a 2% gain you need to take it, because no doubt it will be given up on the following sessions. Biggest worry now is the SPX / QQQ look like they might be rolling over... are we going to partake in that downside move... you bet it and the rest. Yearly lows incoming I feel shortly on the XJO.
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