Yes already

Yes already! What can i say. Economic data from Japan has sparked risk appetite and again we see a weak dollar and SPX knocking on ” ceiling” 1100. As a consequence of the weak dollar, both copper and oil are decently positive. It is worth noting, what is the BDIY index, which has been forgotten recently again showing growth in the last couple of weeks.
Don't forget, that the week is expiratory and volatility surges are possible on any day. As I said earlier, awaiting the permission of this formation to 20 november. Either a negative TOP will still be drawn, or we get a new local high. I find it difficult to predict anything before 20 november. I will trade with “list”.
I also want to note, that usually TOP is not formed in one “day”.

  Please don't need
Scroll to Top