More dips to come in the coming days, green zone highlighted is where I will add to my position, not before, not after. Reasons:
1/ US10y deep almost 10% mostly for a covid new variant which will likely expand all over the world in the coming days. 2/ All people are looking for a rally to start early December, and this will be hugely contratraded by professional traders and behavioral economics itself.
Expect a huge wick down looking for liquidations followed by rally resume.
I do think we will have an EOY rally.
**Please, do not take this as financial advice, I do not know what I am doing neither I am your financial advisor. Do your own research before risking your money**
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.