TECHNICAL ANALYSIS
It looks more like a quasimodo formation than a head and shoulders formation.
This formation can also be interpreted as ABCD.
We can see price fall sharphly to down.
MACROECONOMY
Investors are confused due to the excessive increase in deposit interest.
The new economic program and the statements indicate that a harsh monetary tightening will be implemented after the local elections.
It looks more like a quasimodo formation than a head and shoulders formation.
This formation can also be interpreted as ABCD.
We can see price fall sharphly to down.
MACROECONOMY
Investors are confused due to the excessive increase in deposit interest.
The new economic program and the statements indicate that a harsh monetary tightening will be implemented after the local elections.