High Yield coming out of oversold weekly MFI reading fueling stock rally. $SPY $GLD
Comment:
The last time such a condition occured was Jan/Feb 2016. Gold rallied then too and GLD ETF also printed a weekly MFI oversold reading in December.
Comment:
Bottom oscillator = MFI. Red line = SPX500.
Comment:
GLD
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Website: www.daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
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Telegram: t.me/mortdiggiddy
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