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Technically Speaking: COT – Dollar & Rates Issue A Warning – Investment Watch

โ€œ[The expected rally] was indeed the case as the markets successfully tested and held the 50-dma (red dashed line.) Despite the fact money flows remained weak, as shown in the chart below, the market did manage to regain previous highs.โ€ โ€œWhile the money flow โ€˜buy signalโ€™ will likely trigger next week, the market is already trading 2-standard deviations above the 40-dma.ย  Such suggests that the upside may be more limited over the next couple of weeks.โ€ The more critical point in th...
Lance Roberts Robert Hagstrom Philip Carret Federal Reserve Energy Rally Is Likely Premature Bull Mania

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