- Kijun Sen support at 117'15 held for last 4 days. Early bullish Kumo twist ahead: Senkou A is above Senkou B -> positive
- Obvious Heikin-Ashi buy signal, with haDelta+ confirmation (bullish cross above zero center line)
- EWO has been green for a while.
- In case of a succesful bullish Kumo breakout, the measaured target from a double bottom pattern would be somewhere in the 119'30 - 120'20 zone
I doubt this price action is due to a "dovish FED" pricing, or general return of bond bull market. What I think is that as usual, bond market is the first and smartest to price change in general risk sentiment.
- Obvious Heikin-Ashi buy signal, with haDelta+ confirmation (bullish cross above zero center line)
- EWO has been green for a while.
- In case of a succesful bullish Kumo breakout, the measaured target from a double bottom pattern would be somewhere in the 119'30 - 120'20 zone
I doubt this price action is due to a "dovish FED" pricing, or general return of bond bull market. What I think is that as usual, bond market is the first and smartest to price change in general risk sentiment.