Price action depicts a loss of upside momentum and implies that the market is likely to ease back short term Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no...
Yet another example of a market mean reverting to its long term 200-day ma at 3.13 and attempting to stabilise. We have seen SVB collapse and UBS take over Credit Suisse and during this market turmoil, as at other times, we are likely to see markets mean revert to their long term moving averages - particular attention should be paid to the 200 and 55 week moving...
Remember upside pressure for UK 10Y yield implies downside pressure still for UK gilts...... Disclaimer: The information posted on Trading View is for informative purposes and is not intended to constitute advice in any form, including but not limited to investment, accounting, tax, legal or regulatory advice. The information therefore has no regard to the...