I have been watching and reading a bit recently around how the transport sector leads the markets and can see a few reasons why.
In the top chart you can see divergence just before the Covid-19 black swan and now we have a very heavy divergence in play similar to what led the market before the 2007 crash, it could be seen as the start perhaps.
Theres a lot of dumb money around thats pumped us this far and I don't know how it will stop but things have seemed toppy, I will remain neutral and in cash while this plays out a bit more as DXY looks to be strengthening which is also a signal that the market may correct.
In the top chart you can see divergence just before the Covid-19 black swan and now we have a very heavy divergence in play similar to what led the market before the 2007 crash, it could be seen as the start perhaps.
Theres a lot of dumb money around thats pumped us this far and I don't know how it will stop but things have seemed toppy, I will remain neutral and in cash while this plays out a bit more as DXY looks to be strengthening which is also a signal that the market may correct.
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。
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。