Hello everybody we are currently recording 3 continous down days in the market, as a result of rising bond yields, nevertheless we are somehow near to being oversold and on the RSI and we can see some kind of divergence which gives the idea
to load the boat at 12500 and 12400 to the long side, if 12400 breaks we are gone for good, if really 12400 breaks we possibly could reach 12250 to 12150 in the near term. If we breaks 12750 we can possibly go on to further levels to the north side.
Going long is more likely to result in success as more and more countrys are reopening, generally ease is approaching.
WARNING: This is just a idea to give you some thoughts not a advice where to invest into, always do your own research and decisions before buying anything.
to load the boat at 12500 and 12400 to the long side, if 12400 breaks we are gone for good, if really 12400 breaks we possibly could reach 12250 to 12150 in the near term. If we breaks 12750 we can possibly go on to further levels to the north side.
Going long is more likely to result in success as more and more countrys are reopening, generally ease is approaching.
WARNING: This is just a idea to give you some thoughts not a advice where to invest into, always do your own research and decisions before buying anything.