Maco-Monday again reveals a mostly healthy market. We are nearing 2 months of "Market Up" conditions, meaning price up and above both Chaikin MAs, with a positive Bull v Bear ratio within the SPY.
We have now reached similar highs on our Bull V Bear ratio chart.
We also see a healthy number of SPY sectors outperforming the benchmark. The defensives that were flying high a few months back have been tossed aside in favor of the cyclicals.
Watch todays video to see how we use Chaikin Analytics to form our Macro opinions. Near the end of today's video we demonstrate how to use the Chaikin Screenr in tandem with the Chaikin Checklist to search for Bullish and Bearish trades.