8.35am Amsterdam.
S&P future is trading around 942. The bulls pulled the market up being favored at the last comment yesterday.
In the above weekly chart, you can see the volumes are decreasing, and we are getting close to 52 week Moving average. The indicator at the very bottom, MACD, still shows strength.
The market looks strong in some ways, and in some ways it looks like this rally is ridicouluos.
Well I am neutral on my own position right now. I am waiting for a clear direction.
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