Technical Analysis (Short Cycle Report): Hope is fading fast

Yet another reversal day on supposed “good news” is more technical analysis evidence that hope is fading and the “risk off” wave is about to accelerate. Bearish engulfing / outside days in EUR-USD, Euro Stoxx and the 10-year Bund yield suggest imminent moves down. Gold is at an important pivot point.

Click here to read the full report: Global Research

 

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Global Research