ES - S&P and Russel futures experiencing pressure by 10 year Y

Despite the really bearish technicals on both S&P and Russel 2000 as well as many considering those indexes highly overvalued — there more than 1T sitting in Treasury being ready to go into the financial economy.

We can assume that support lines will hold the bearish pressure to some extent.

As well we can assume that the 2020 asset crisis will not repeat due to the full support of central banks on markets to function with the least volatility possible.

Patterns can evolve into next week, but be aware not to overhold short positions.

Komentarz:

Yet we on the winning side, but be aware the trade will have short window of opportunity

Komentarz:

We moved slightly lower today, expecting a bounce and then a bigger dip into target

Transakcja zamknięta: osiągnięto wyznaczony cel:

All targets reach, trade closed, thank you for your patience and likes. Please follow if you made money with me.