Too many shorts in, and the weak response during last weeks shows the bears can't push any more. Traders expect Fed to raise 1% in November, which is highly unlikely in the current liquidity crisis
Trade active
Resistance acted as expected. January to test the lower bond
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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.