Global Safe-Haven Index Relative To Global Equities - Lifting At The Lows | Our custom safe-haven basket has shown signs of reversal as it trades near 7-month lows with a technical bullish RSI divergence guiding the view that it's time for safe-havens to shine once again. I believe this chart is key as you may recall sentiment late on Thursday afternoon, via the CNN fear and green index sitting at a reading of 96 which showed extreme bullish news. The combination of hightended sentiment and a grey swan even (Middle East) combined with elevated equity markets may is bound to see safe-havens being bid. For those that are not aware, our basket is made up as follows.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.