Long-short strength comparison model, the long side of the current foreign exchange market continues to weaken, and the short-dominated rhythm has been confirmed by most short- and medium-term accounts. Signals tracked by the model show that the share of short trading volume has increased for several consecutive trading days and started to affect the short-term trend rhythm.
In the public opinion analysis, "beginning of adjustment", "direction reversal" and "downside space" have become the buzzwords. These semantic features and concluded that the market has gradually shifted from neutral to systematic bearish expectations. to systematic bearishness.
At the same time, the system identified some related assets (e.g. commodities, carry assets) prices synchronized downward, providing cross-asset support for shorts. Sentiment is expected to continue to be bearish in the short term, and any rebound could be an opportunity for shorts to re-enter the market.
In the public opinion analysis, "beginning of adjustment", "direction reversal" and "downside space" have become the buzzwords. These semantic features and concluded that the market has gradually shifted from neutral to systematic bearish expectations. to systematic bearishness.
At the same time, the system identified some related assets (e.g. commodities, carry assets) prices synchronized downward, providing cross-asset support for shorts. Sentiment is expected to continue to be bearish in the short term, and any rebound could be an opportunity for shorts to re-enter the market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.