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Weekly Technical Forecast: EURUSD and Equities Held Off Critical Breaks in November, Will they Manage the Same in December?
November has come to a close and many benchmark assets have ended the period staving off critical technical breaks. The Dow held an increasingly overt 2018 support now around 24,000 while EURUSD has maintained 1.1200 as a floor. Will this restriction on progress – both the critical break and the commanding reversal – continue into December?
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Weekly Technical Forecast: Proximity to Key Technical Boundaries Puts Many Markets at Risk of BreaksWe are facing a market that will have to resolve a conflict of historical norms with structural risks. December is known as a quiet month, but the exceptional consistency in volatility throughout 2018 makes range bounds take on a far more ominous apparenance. Beware surprise breaks.
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