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Monday, February 13, 2017

ALERT: Today's World Market Index "Outlier"

A glance at today's (February 13th) market action among major world markets shows that the greatest gain, in terms of percentage, occurred in the Ukraine Index, as shown on the following data and charts.

The question is, does this precede some kind of positive political news? If so, there is considerable overhead price congestion/resistance to overcome around the 950-1000 level, and such news could, potentially, help price punch through that zone.

Source: Indexq.org

UAX Daily chart

UAX Monthly chart

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