JuanAugusto

Lack of enthusiasm, Deutsche Bank and Margin Debt

FX:SPX500   S&P 500 index of US listed shares
4 months ago
A divergence between the volume and the value of the index indicates a lack of enthusiasm with this new top. This ocurrs just before August, which is a typically bearish month, and under the systemic risk posed by Deutsche Bank. Moreover, NYSE Margin Debt chart reached a peak some months ago (see http://www.advisorperspectives.com/dshort/updates/NYSE-Margin-Debt-and-the-SPX.php). In my opinion, there is no substantial reason to expect a consolidation of the index above 2150, so be careful, because maybe we are listening to the swan song of the global financial market.
a month ago
Comment: Prediction successful. After a detour above 2140, the index is back to levels that reflect the uncertainty and the long-term impasse in world economy.
Sheila Bair expressed concerns about the health of banks in EU and GB.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out