Why we should not be trapped in the current situation.
Essential and robust reasons for a bullish move:
1-RATE CUTS are coming soon! Everyone knows it, but big players want you to be a SELLER! ( THEY BUY).
2. The COT date confirms this! (Commercials are BUYERS! While non-commercials (poor trapped traders) are sellers).
3. Many strong support lines, levels, and patterns push the price up. ( Head and shoulder, two strong trend lines).
4. New US statistics are now revealing the negative situation in the USA after all those strange and positive data during January.
https://www.tradingster.com/cot/legacy-futures/232741#google_vignette
1-RATE CUTS are coming soon! Everyone knows it, but big players want you to be a SELLER! ( THEY BUY).
2. The COT date confirms this! (Commercials are BUYERS! While non-commercials (poor trapped traders) are sellers).
3. Many strong support lines, levels, and patterns push the price up. ( Head and shoulder, two strong trend lines).
4. New US statistics are now revealing the negative situation in the USA after all those strange and positive data during January.
https://www.tradingster.com/cot/legacy-futures/232741#google_vignette