macro monday
Another macro monday that left us feeling very bullish. Despite the feeling that the rally may be a bit long in the toth, the data suggests continued upside to come. One data point that we noticed this morning, has proven to be fairly reliable in predicting pull backs or sideways consolidation. That data point? The 3.0 bull / bear ratio. As noted below in chert 2. When we see the ratio touch 3.0, we typically see a retreat from that point. Aside from that point of caution, we see a broad bullish market. Watch todays video to see how we use Chaikin Analytics to access the market from 30,000 ft.
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