Advertisement
The Market Ear on the stretched bull.
NASDAQ at key levels
NASDAQ is down to the steep trend line that has been in place since November. The index is basically flat over the past month, despite the bullish “feeling”. The negative RSI divergence remains something we watch closely as we have seen these type of set ups before…
Advertisement
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
Advertisement