Replies to post #11827 on Market Sense and Sentiment (MKTSS)

[bbgold]

Looks like MACD reseting to 0, so far
That was what we saw happen with the markets in October. The MACD reset near 0 as the markets consolidated and then we had another leg up. So far the FTSE and the Futures have been having a hard time moving higher. Overnight the Futures tested support at 848 and are currently hitting resistance near 852. We will have to watch and see if we get another Breakout as it looks as though 850 will become Support again. Steve had a target for the next top near 865 I believe :^)