paulusul

paulusul

Macd is bullish on the weekly chart. expecting the trend to consolidate while the macd diverges to the downside before turning up, pushing price higher. slow grind to the middle of the channel, then touching the top of the channel before reversing to hold the overall downward momentum with a chance of a possible bullish break

paulusul

It is obviously winding up for a bigger move. The dollar seems to be strengthening but it's hard to trust. SA covid numbers are improving despite opening up. GDP contracted but not as much as anticipated: -2.0 vs -3.4. What do the high yield bonds look like and what am I missing? What needs to happen to return to a "normalcy" around 12-15, is that possible or...

paulusul

taking profit at risk reward x 1.3 or 2 or depending on strength.