Weekly Wrap
Very important levels here... DX traded under a major yearly pivot into the close today and DJ has been slowing down near the 20K barrier. ZB also looks like it has stalled near a key pivot and VX is certainly at the key 12.00 level - from a technical perspective, this market is ready to correct - but expect all pullbacks to remain short and very shallow if we do turn on these markets, which have been cleanly correlated as of late. Have a good weekend.
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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.