ZXY more Bearish than it's sister AXY, yet still in Neutral overall.
Price Action truncating hard Week of the 11th as Non-Commercials dump the Kiwi HARD.
ZXY will move to test the bottom of the Daily Chop Block @ 58.5 and potentially give us a new long-term direction.
Wait for test and break.
A 30% difference in short vs long positions is massive.
Should be noted that ZXY is currently around the .618 of the March 9 High, in a corrective retrace. .618 would signal some potent strength to the downside.
Price Action truncating hard Week of the 11th as Non-Commercials dump the Kiwi HARD.
ZXY will move to test the bottom of the Daily Chop Block @ 58.5 and potentially give us a new long-term direction.
Wait for test and break.
A 30% difference in short vs long positions is massive.
Should be noted that ZXY is currently around the .618 of the March 9 High, in a corrective retrace. .618 would signal some potent strength to the downside.
Nota
Plugged in the wrong photo. Here you Go!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.