Looking at the bottom we experience in end of 2018 beginning of 2019, we can see that the correlation with the current bottom is substantial. This rally could continue well into June since it is completely disconnected from any fundamentals.
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Disclaimer
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.