1). Price is very likely heading towards the fair Market value @ 107. 2). Risk Assets are Weak today on US$ strength! 3). BANKS ARE SELLING! 4). Volume is dropping. 5). Trendline is intersecting with target fib. level 50% TOWARDS 107! 6). Corrective wave 4 is likely dropping to complete wave 5. 7). At the bottom of wave 5 we will look for a long (Buy) position! 8). RISK ASSETS TEND TO FOLLOW THE 10 YR. T-NOTE US BOND!
Note
RISK ASSETS TEND TO FOLLOW THE 10 YR. T-NOTE US BOND! ↘
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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.