Bullish Or Bearish?
As the carry trade unwind concern fades to the background and indices have rallied significantly, what is now bullish and what has lagged?
As the carry trade unwind concern fades to the background and indices have rallied significantly, what is now bullish and what has lagged?
Setups aligned for new ATH in the indexes, barring some exogenous event, so let’s review the setups and the rationale.
Henry doesn’t know when, and he doesn’t know what pattern, but these two observations has him thinking stock indexes could be looking for new best prices.
Traders bid up markets as worries about the Nikkei and the U.S. economy are put in the rearview mirror, for now.