Sive Morten
Special Consultant to the FPA
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Good morning,
Market shows strong rally but hits overbought on daily and weekly time frames, which means that retracement still has chances to start in 1450-1500 area:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
Market shows strong rally but hits overbought on daily and weekly time frames, which means that retracement still has chances to start in 1450-1500 area:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.