Looking at the unfolding events so far between USA and Iran, it seems like tensions are escalating and the fear of war becoming more pronounced. Last week we saw massive gain in safe havens and news over the weekend are not reassuring.
Technically, we could start seeing a H&S pattern with RSI divergence. Looking at earlier entries here to minimise risk, since one positive bit of news could send the market flying. Tomorrow waiting for the White House and Iran announcements for further direction.
Good Luck!
Technically, we could start seeing a H&S pattern with RSI divergence. Looking at earlier entries here to minimise risk, since one positive bit of news could send the market flying. Tomorrow waiting for the White House and Iran announcements for further direction.
Good Luck!
Comment:
Comment:
Iran retaliates and risk off mode is on. Now already touched next support and 200SMA.