Market Update - MACD Crossovers Proven True

August 15th

Technical indicators often anticipate market moves, and the sharp decline in the VIX plus the MACD crossover is a good formula to explain what was seen today.

Let's examine the Nikkei 225, which has played a essential role in the current market downturn.

NIKKEI

The bounce was easy to anticipate considering the breach in the lower Bollinger Band, today the …