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Fortunately (or unfortunately) there's not a whole lot to add to this weeks analysis that hasn't been already said and pointed out over the last 2-3 weeks as we continue to chop around just below various overhead technical levels in the NYSE composite, REIT, Precious Metals, FTSE and DAX internals. Based on the action of the various McClellan Summation Index breadth and volume charts that we review in the chat, however, the ball remains in the bulls court...it's theirs to do with as they wish.
US Equity Markets : US Interest Rates : US Real Estate : Precious Metals: Australia: England: Germany: __________________ Dave's LinkedIn Profile Technical Watch Twitter Page Technical Watch Facebook Page "As for it being different this time, it is different every time. The question is in what way, and to what extent" - Tom McClellan "An economist is someone who sees something happen, and then wonders if it would work in theory" - Ronald Reagan "What we see depends mainly on what we look for" - John Lubbock "The eye sees only what the mind is ready to comprehend" - Henri Bergson “Answers are easy; it’s asking the right questions which is hard” - Dr. Who - 1977 "You know the very powerful and the very stupid have one thing in common - they don't alter their views to fit the facts, they alter the facts to fit their views (which can be uncomfortable if you happen to be one of the facts that needs altering)" - Dr. Who - 1977