• Comments for October 13, 2017

    Markets remain bullish, even though there was some sort of selling that started in the afternoon yesterday, but really nothing that threatens to uptrend for now.





    The small caps look slightly weaker here.



    Commodities related equities were also slightly weaker yesterday, but they still display a Money Flow that is well above 0.





    Treasuries buyers continued trying to push for a bearish trend reversal. It is called an oversold bounce.



    The emini itself is still very bullish here.



    Conclusions:

    Market sailing in calm waters for now. Trump announces a coming storm, but this is certainly not in the data yet.