WellTrainedMonkey

The Honey Badger Market: Japan, time to take money off the table

Short
OSE:TOPIX1!   TOPIX FUTURES
The last time I did a chart series was in mid-Mar warning of a bounce in the markets. Since then, markets have been on a tear and behaving somewhat like a honey badger, it doesn't care if there are still 1,000 daily Covid-19 deaths in the US, race riots and Trump reigniting the Sino-US trade wars. Maybe markets are optimistic there are only 5 more months of Trump-induced madness and you never bet against an election year and a Fed with a printing press.

Perhaps, maybe, if, but I prefer to let the weight of the evidence influence my course of action. So here goes...the Honey Badger Market chart fest!

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.