In the previous post we talk about two indicators of liquidity suckage (USD and GSR) showing strength and in this post we have an indicator of 'risk on/off' and liquidity (JNK-LQD) maintaining a support zone, though not yet rising and holding above the confirming EMA 200.
This chart was originally sent to eLetter and premium subscribers a couple days ago. I don't attempt to predict the future but I sure as hell do attempt to be on the spot with early indicators ASAP. Right now we have indicators in conflict with each other. That will not persist.
http://www.biiwii.blogspot.com
http://www.biiwii.com
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This chart was originally sent to eLetter and premium subscribers a couple days ago. I don't attempt to predict the future but I sure as hell do attempt to be on the spot with early indicators ASAP. Right now we have indicators in conflict with each other. That will not persist.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Subscribe to NFTRH or
Subscribe to the free eLetter
Absolutely brilliant observation!
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