S&P may sink again sparking

142
A few things.
1. Over the last 2 years every time S&P has made a higher high and reached RSI down trend it has fallen hard.
2. Bonds are currently signaling stress and deflation despite trillions of QE. For reference see; US2's/10's , TLT.
3. Many eyes are on the DXY breakdown however that is mostly skewed toward EUR, Yen, GBP. The broad trade weighed USD is still very bullish.
4. Net USD positioning is net short. If there is a wobble in stocks safe haven demand for dollar will cause a massive short squeeze in USD.
5. Golds correlation with negative yielding debt confirming much higher bond prices (lower yields).

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.