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Monthly Level Others.D just experienced its first monthly MACD golden cross in nearly 2.5 years (see Chart 1).
My first reaction: f**k! You still know about the golden cross!
Getting back on track: If the imitation doesn't die, the subsequent market will be wide, long-lasting, and large. If it dies, then it’s dead.
Currently, the shakeout is thorough; no previous shakeout has been as thorough as this one!
Looking at RSI (24) (see Chart 2), the market could arrive at any moment — at any moment. I’m talking about liquidity; it could arrive at any moment. Be prepared.