john6520

MACAD signal line says bear is out of hibernation.

FX:SPX500   S&P 500 index of US listed shares
150 2 1
Just looking at Coppock Chart for bear market and realized MACAD signal line might be more definitive.
In the recent past the markets have seen any news as good news or put another way, any excuse to BTFD. I will be looking to see if that mentality changes when the fed decides on rates this week. Also it will be fun to see if the computer algorithms go berserk.
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Thank you for posting, can you explain your views a little more on this as to the probabilities you see for early next week?
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