We've been reporting for over a month now how coincidental it that the risk-rally has stalled at the origin of the GFC supply imbalance 10y ago.
Also, how the macro pennant seen in the weekly shows a time projection of breaking around the US mid-term election. However, with the latest rally in risk, we may be just 1 day away from that milestone to happen this very week.
Also, one can notice on the upper chart how the 100-hourly MA acts as an excellent indicator to determine the times when the market enters macro risk-on mode (above the 100-hma).
The chart definitely earns its fair share of merit for one to follow and to us, it has become a great reflection of the mood in the markets.
Trade safe!
Also, how the macro pennant seen in the weekly shows a time projection of breaking around the US mid-term election. However, with the latest rally in risk, we may be just 1 day away from that milestone to happen this very week.
Also, one can notice on the upper chart how the 100-hourly MA acts as an excellent indicator to determine the times when the market enters macro risk-on mode (above the 100-hma).
The chart definitely earns its fair share of merit for one to follow and to us, it has become a great reflection of the mood in the markets.
Trade safe!
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📓📓Learn Order Flow like a PRO:
www.ofa-course.com
🧑🏫🧑🏫 Author of the #1 Order Flow Script:
www.tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)