Despite massive stimulus, markets so far had trouble following through.
We are now in "the trenches" of various trendlines.
Although markets are heavily oversold on a medium-term basis, I suspect we are seeking a double bottom or are at least correcting the recent advance a bit.
As massive stimulus is lingering in the background, one has to be very careful now with shorting and apply tight risk control.
We are now in "the trenches" of various trendlines.
Although markets are heavily oversold on a medium-term basis, I suspect we are seeking a double bottom or are at least correcting the recent advance a bit.
As massive stimulus is lingering in the background, one has to be very careful now with shorting and apply tight risk control.