macro-monday
Our Macro Monday analysis continues to pain the picture of a very bullish recovery. Perhaps some of the most bullish signs we've seen since the march bottom. With the bull vs bear ratio exploding above 1.0 for the first time and a widening breadth of positive bull vs bear ratios among the SPY sectors. However, the Chaikin oscillator remains vey overbought and price is now outside the upper volatility band as the 21 day attempts to cross the 200 day Chaikin moving average. While the signs are bullish, our experience with the Chaikin Analytics platform tells us that an exhaustion point may be near. Watch today's vedio to see how we use the Chaikin Analytics platform to gain a 30,000 ft. view.
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