This chart forms part of a larger research note. None of the information posted here (TV) should be considered financial advice.
On a relative basis, safe-havens have out-performed risk assets for the past week. This is highlighted by the relative chart, using our custom Global Safe-Haven Index (SHIX) versus the S&P500 E-mini Futures (as a wide proxy for risk assets). Support was found on support level 3 (S3) as well as the flat 200-day simple moving average. The last close (Friday, 12 June) has seen the relative price closing above both the 8 and 21-day exponential moving average, both of which have started to lose downside momentum. Going forward (with a short to medium term view), I am expecting the Global Safe-Haven Index to challenge risk assets.
On a relative basis, safe-havens have out-performed risk assets for the past week. This is highlighted by the relative chart, using our custom Global Safe-Haven Index (SHIX) versus the S&P500 E-mini Futures (as a wide proxy for risk assets). Support was found on support level 3 (S3) as well as the flat 200-day simple moving average. The last close (Friday, 12 June) has seen the relative price closing above both the 8 and 21-day exponential moving average, both of which have started to lose downside momentum. Going forward (with a short to medium term view), I am expecting the Global Safe-Haven Index to challenge risk assets.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.