ridethepig | IBEX
📌 Another example of the erroneous breakdown, a very similar position to DAX, CAC, FTSEMIB and STOXX. We can see how clearly the virus is leading the equity board, as Spain were the first to enter back into the second wave the prevention of a freeing breakup is being made possible via the important loss of diagonal support.
"Sell weakness, and even more when the lows are untested in an environment which can be described as very similar to the original protection. The fact that we are technically well placed when it comes to sub 7,000 we should express dramatically more weakness in Spain and play another test of its lows".
As usual thanks for keeping the feedback coming 👍 or 👎
"Sell weakness, and even more when the lows are untested in an environment which can be described as very similar to the original protection. The fact that we are technically well placed when it comes to sub 7,000 we should express dramatically more weakness in Spain and play another test of its lows".
As usual thanks for keeping the feedback coming 👍 or 👎
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