I’m seeing engulfing Bullish signals in Equity Indices.
Spoo,Nasd,Mini Dow,Dax,Euro Stoxx.
Point & Figure charts show this is the top of value again.
One of the guys in the room asked me what was next.
My response was that I had no clue as to the next Index move.
I still don’t have a good handle on the next move.
Individual names should be traded based off their own technicals, not
off the Indices.
Oil names and Oil; upside bias.
Gold & Gold Miners…Bullish