There continues to be a lack of volume on the S&P 500’s downtrend, says Terence Brogan, Co-Head Market Technician at Brogan Group Equity Research.
A new paper that deals with the shortcomings of the Moving Average Convergence Divergence indicator (MACD) has won both the CMT Association’s Charles H. Dow Award for outstanding research in technical analysis and the National Association of Active Investment Manager’s Founders Award for advances in active investment management.
Investor sentiment has reached extreme weakness suggesting US equities will soon rally, according to Marco Kolanovic and his Global Markets Strategy team at J.P.Morgan.