Monday, July 22, 2019

LONG TERM CHARTS 2 -

DAX - monthly

Again, as with the Nasdaq 100 the Dax long term chart is also showing NEGATIVE DIVERGENCE - as it's a LONG TERM chart - it's a warning signal not a call to action - but worth bearing in mind.

Where are we?  over 10 years of a bull market  -




LONG TERM CHARTS 1

Nasdaq 100

DANGER - Will Robinson!!

Long term chart, but seems to suggest weakening market
New highs, but RSI is trending lower, negative divergence
Worth keeping an eye on it