Yes, we think the NYSE is seriously trying to tell us something, and let us give you a hint: the message begins by “s” and ends by “ell”
(original publishing date: 12/05/2014)
This is not looking good:
The NYSE has stopped growing, and for three times it hasn’t managed to overcome an upper resistance.
This sideways movement is pretty scary, especially because it started with QE4: traders are afraid.
Afraid of what ? Afraid of the comeback to reality.
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