I am not a fundamental expert (nor an economist) but I found FEDFUNDS chart really interesting!
I never thought that basic technical analysis tools can also be applied to such economic instruments!
From a technical perspective, FEDFUNDS has been bearish for a while making lower lows and lower highs.
For the momentum to be shifted from bearish to bullish, as mentioned in the title "see light again", FEDFUNDS has to break above the last swing high. (highlighted in gray as trigger)
It would be interesting to hear your thoughts on this one.
~Rich
I never thought that basic technical analysis tools can also be applied to such economic instruments!
From a technical perspective, FEDFUNDS has been bearish for a while making lower lows and lower highs.
For the momentum to be shifted from bearish to bullish, as mentioned in the title "see light again", FEDFUNDS has to break above the last swing high. (highlighted in gray as trigger)
It would be interesting to hear your thoughts on this one.
~Rich
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RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。