Global Safe-Haven Index (SHIX):
Our risk indicator has been enhanced with the inclusion of four new factors, which takes the total inputs to eight.
They now include:
1. Gold Futures
2. TLT ETF (Bonds)
3. Japanese Currency Index
4. Swiss Currency Index
5. S&P Low Volatilty ETF
6. iShares Emerging Markets ETF (Inverse)
7. USDKRW (US Dollar / Korean Won) - Trade War Component
8. Copper Futures (Inverse) - Global Growth & Trade War Component
Technically, the price has broken the incline support gong back to April, with RSI and MACD in a bearish trend while the price has shifted to below the near term moving averages.
Our risk indicator has been enhanced with the inclusion of four new factors, which takes the total inputs to eight.
They now include:
1. Gold Futures
2. TLT ETF (Bonds)
3. Japanese Currency Index
4. Swiss Currency Index
5. S&P Low Volatilty ETF
6. iShares Emerging Markets ETF (Inverse)
7. USDKRW (US Dollar / Korean Won) - Trade War Component
8. Copper Futures (Inverse) - Global Growth & Trade War Component
Technically, the price has broken the incline support gong back to April, with RSI and MACD in a bearish trend while the price has shifted to below the near term moving averages.