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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 674.96+0.9%Nov 25 4:00 PM EST

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To: Robert Rose who wrote (19019)7/1/1999 12:56:00 AM
From: Tai Jin  Read Replies (1) of 99985
 
The Naz weekly chart shows a MACD and STOCH divergence. I take that to mean that this will be a top and it could be THE blowoff top.

AG must have known that a 25bp increase and neutral bias would spark a rally. How much more overvalued does he want the market to be before they raise rates again? I think he's just setting up the market for a bigger crash down the road.

...tai
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