NASDAQ in Times Square, New York City, USA. (Photo credit: Wikipedia)Periodically, I compare my personal appreciation with some experts and market analysts. One of the people who using better technical tools is Colin Twiggs. He uses mainly a technical indicator, as amended by him, to discuss the situation in many markets. He calls this indicator "Twiggs Momentum Oscillator" which usually works very well, even predicting market movements.Below, I present two reports prepared by Colin Twiggs today. The first charts are dedicated to European market. The following are very interesting. Shows the situation of the SP-500 and Nasdaq.
UK & Europe: Madrid in trouble
Selling pressure on S&P 500 and Nasdaq 100
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