No change in view and no commitment either.
We have declined nicely, and we are now starting to be below cloud, which should mean further weakness.
Also noting, that metals are on the rise, and really are the true safe heaven objects similarly as with US dollar strength we are seeing.
Strategy still SELL @ 41,500-44,500 for a move to 35,500 for now. The bigger picture I feel is very negative, but it remains difficult as flows can change things a lot as we have seen.
We have declined nicely, and we are now starting to be below cloud, which should mean further weakness.
Also noting, that metals are on the rise, and really are the true safe heaven objects similarly as with US dollar strength we are seeing.
Strategy still SELL @ 41,500-44,500 for a move to 35,500 for now. The bigger picture I feel is very negative, but it remains difficult as flows can change things a lot as we have seen.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.