FDAX did not go overbought but it did get rejected by my trendline. Looks bearish, but you never know, lol.
Note
Algos will do what algos will do....Seems really strange for the Euros to buy in when they could be facing natural gas rationing soon, which would cause a recession.
Note
The ECB can't use rate cuts and QE to fix a recession caused by natural gas shortage, that would cause more inflation, lol. Really strange action to start the week, I thought the Euros would be bearish and the US would be bullish, but it;s the other way around today
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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.