TWT Analysis

ANOTHER UNSHAKABLE WEEKLY BULLISH PERFORMANCE Going forward I will not publish on a regular basis the weekly technical analysis since during the weekends I want to spend more time with my family. I will maintain the daily updates and short-term setups, which I publish on Twitter and Stocktwits.

ANOTHER UNSHAKABLE WEEKLY BULLISH PERFORMANCE Going forward I will not publish on a regular basis the weekly technical analysis since during the weekends I want to spend more time with my family. I will maintain the daily updates and short-term setups, which I publish on Twitter and Stocktwits.

HARAMI CANDLESTICK Yesterday SPX ended the day with an Harami candlestick. An Harami, if it appears in an extended up move, can be considered a warning of a sudden deterioration of the trend, which is probable given the overbought readings of momentum and breadth indicators.

ANOTHER DAY ANOTHER NEW ALL TIME HIGH Despite short term technical indicators remain overbought buyers are disrespectful that bulls cannot maintain for much longer winning “pases” (One-handed manoeuvres in bullfighting).

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