Significant downside for US equities
The bottom indicator suggests any change in momentum will be downward as several different momentum lengths are all peaking around the same time,
Notes: US30 (AKA Dow, YM) In upper chart in RENKO
Therefor the time axis [x] is irregular. But the time of interest is NOW (where the penguin lies)
Notes: US30 (AKA Dow, YM) In upper chart in RENKO
Therefor the time axis [x] is irregular. But the time of interest is NOW (where the penguin lies)
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