The stochastic has been completely overbought for the entire month of June.
I wonder if there were several wave 3 extensions. That HAD to be and ending diagonal that ended Friday. Now we're obviously in a much larger wave 5 from May lows.
FTSE looks like it is making an ending diagonal in its wave 2 zig-zag from May lows. Are the US and UK markets in sync? They are both politically aligned in Iraq.
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