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Thanks Bouraq. Cable is definitely in the reversal zone now, but it could still conceivably hit the bottom green line which is a good 100 ticks away. And that's assuming long is the right direction after FOMC minutes... We shall see!
Thank you for posting these charts, sir!
ReplyDeleteThanks Bouraq. Cable is definitely in the reversal zone now, but it could still conceivably hit the bottom green line which is a good 100 ticks away. And that's assuming long is the right direction after FOMC minutes... We shall see!
ReplyDeleteDr. B, you've undoubtedly noticed, but Nat Gas is in a rising channel again. Looking forward to your update. Wheat bad, Nat Gas good....
ReplyDeleteReally? I don't see any rising channel here. I posted a chart on twitter today. It looks quite bearish to me. Natgas good, wheat better LOL
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