Technical Analysis of S&P500 by BofAML

Very Nice Analysis done by BofAML, Must Read for Aspiring TA's The technical pattern for S&P 500 and many other US and global equity market indices is sell rallies, according to BofAML's Stephen Suttmeier, who notes that the market is as overbought now as it was in July. Last week's post Fed-Decision price action was a bearish key reversal day (or shooting star in Japanese candlesticks) on the S&

Posted in: Technical Analysis