FX:SPX500   S&P 500 index of US listed shares
From a general outlook we're drifting down slowly. Nothing has changed fundamentally after the elections. Not extremely bearish but bearish enough to be cautious and keep realistic expectations.
on macd the candle usually forecast down before the lines..or so I have observed.
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FoggyLights PRO Rob Wallace Williams
@Rob Wallace Williams, Good observation Rob. The momentum is certainly positive, but it's not as strong as it should be taking into account the size of the move we made after the elections. Compare to the post-Brexit momentum, for instance. My point is just that - lack of conviction in the indicator to expect something huge.
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