Description
⋅ 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
⋅