A is strong, C is weak. Wave A wipes out the excessive sentiment accumulated at the end of the previous trend. Wave C is made of trend-followers who will be wiped out next.
The Yen will be the only currency to strengthen agains the dollar over the next few months. Converting your dollar-nominated funds into the Yen is one of the best conservative capital management strategies you can think of today.
The Yen will be the only currency to strengthen agains the dollar over the next few months. Converting your dollar-nominated funds into the Yen is one of the best conservative capital management strategies you can think of today.
