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LD_Perspectives
Jan 5, 2020 8:58 PM

Global Safe-Haven Index Relative To Global Equities 

(GC1!+TLT+JXY+SXY+SPLV+1-EEM+USDKRW+1-HG1!)/8/URTHCOMEX

Description

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.
Comments
InvestingScope
As far as Copper is concerned, this is our current outlook:

KassandrA_dotcom
I don't think GOLD is a safe haven now
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