Posted by timebandit on 13th of Nov 2022 at 06:37 pm
Last time $CPC got to this area was mid-March. Also went below
lower band then. But note that there wasn't much if any downside
and the high came seven trading days later. Not predictive of
anything, just indicates that readings like this don't mean the
market has to tap the brakes (though it could).
Last time $CPC got to
US Dollar, EURO, YEN
Posted by timebandit on 13th of Nov 2022 at 06:37 pm
Last time $CPC got to this area was mid-March. Also went below lower band then. But note that there wasn't much if any downside and the high came seven trading days later. Not predictive of anything, just indicates that readings like this don't mean the market has to tap the brakes (though it could).
Correct.. does not imply anything
Posted by steve on 13th of Nov 2022 at 09:29 pm
Correct.. does not imply anything immediate but shows how participants have changed