sp'daily5
Summary
*pretty fierce storm continues here in London city..so far..power is good..but the lightning bolts are starting to rain down....is that bullish?
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Most notable on the daily chart..the MACD Cycle is due to go positive cycle today..or tomorrow....bodes badly for anyone short into the 3 day weekend.
Certainly, I've no interest in getting involved in this.
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Nasdaq daily....
The second day higher..and we've conclusively broken the down wave.
10.10am..minor chop...and it is a bit of a mess.
I could kinda understand day-traders trying to play a 5/10pt down wave..but really. the daily/weekly cycles are still bullish.