The United Kingdom's Prime Minister (Theresa May) opted for a hard Brexit
last week, and President Trump is seeing resistance. The backdrop for economic
health looks like it is facing its challenges.
This morning, we will look at Inflowing Liquidity levels. Below is the chart
as of the close last Friday.
The Stock Market's Inflowing Liquidity had an up tick in Mid-Q1 positive territory. It
was below its second fan line's support. [A Danger possibility.]
The chart shows a double (downside) support breach. -- Old Comments: "Medium
to Longer term, the Inflowing Liquidity has been challenging its up trend because
of the direction of the fan lines ... subtle, but still of concern."
Marty Chenard is an Advanced Stock Market Technical Analyst that has developed
his own proprietary analytical tools and stock market models. As a result,
he was out of the market two weeks before the 1987 Crash in the most recent
Bear Market he faxed his Members in March 2000 telling them all to SELL. He
is an advanced technical analyst and not an investment advisor, nor a securities
broker.
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