Monthly Archives: December 2016

Markets on the move

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Several weeks ago I reported on the large reverse divergence between price and the momentum of the price that was setting up on the VectorVest Composite of the UK market. This reverse divergence is sometimes called “hidden divergence” or a “slingshot”. The divergence tends to precede a fast move. Basically price makes a rising bottom…

Trends are down on the UK VectorVest Composite

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The US jobs number came in as expected at around 180000 new jobs created with the jobless rate falling a tad to 4.6%. The reaction on the indices to this was hardly   noticeable and all eyes are now peeled on the Italian referendum on Sunday 5th December. The popular press are referring to this as…