Thoughts and feelings to everyone impacted by COVID-19. A highly sensitive topic, thus keeping this if anything, for personal use and wanting to see what is being told in the media, be represented in a simple chart with some context and trend analysis. Ethically, i felt some may wish to track for reasons respectable to them, thus publishing a 'chart' but really...
On the technicals there is little to update while the resistance holds, despite the bounce via PBOC intervention on coronavirus risk flows. The only level in play to the topside is 7.0248 as it caps the highs in the current wave. Anything above will unlock a leg towards the next barrier at 7.0733.
The coronavirus short-circuit sadly temporarily disrupted the...
Hi Guys,
here below a clean snapshot of the 4H structure reporting the divergence with RSI.
Has the impact of "nCoV2019" on Oil ended? The following chart was posted on Jan 28 when worries over "coronavirus" were high and was titled "Don't try to catch a falling knife".
After almost two weeks, has Oil finally found a bottom at 49.31?
iI don't know but if you...
