SELL IN MAY- A FALSE CALL
I called for a sell of risky assets in May but obviously from what has happened so far, it is a false call. My global index is already 7.61% up in the month and is still calling for higher high in the coming week which is the last week of May. i trade with weekly timeframe which saved me from the big loss if i had followed my monthly trend. So the week ahead,investors is going to focus on Canadian interest rate which they are expected to do nothing. i am expecting rapid move in oil and cad dollar with stocks as well. usd might continue its rally up while gold is expected to go for lower low
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.