Macro Chart Analysis by Master Trader Fari Hamzei [View article]
On Friday, US equity markets rallied and bonds fell, following July NFP, as market participants were surprised by the drop in unemployment rate from 9.5% (June) to 9.4% (July) vs 9.6% (expected), which exasperated the technical picture on our SP1-MoMo Chart.
So, as Led Zepplin wrote & sang some 33 years ago, The Song Remains the Same. tinyurl.com/lyc9vj
Macro Chart Analysis by Master Trader Fari Hamzei [View article]
So, as Led Zepplin wrote & sang some 33 years ago, The Song Remains the Same. tinyurl.com/lyc9vj
Fari
Book Review: Fari Hamzei's 'Master Traders' Shares New Ideas [View article]
Fari