Traders reap the value of intermarket technical/quantitative analysis in capturing junctures, where various asset classes have reached potential inflection points. Such levels can be support/resistance in terms of TA, or moves in material magnitude, such as 20% or 30% declines/gains, which trigger program driven trading. So during
Thursday's market carnage (equity indices and cryptos), I sent the below charts
(created on Thursday) to my
WhatsApp Broadcast Group, highlighting the vital technical levels in five key markets. It's all about confluence across different asset classes. Here's how.
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20 ????? SHORT GBPNZD 1?9670-1?9700 1?9370-1?9400 1.9895
!!!! long or short
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