This week's Multi-Asset Trade and Investment Recommendations is attached.
5th June Long S&P Sept @ 2752. Stop raised from 2680 to 2710
15th June SHORT Sterling ( v Dollar) At 1.3271. Stop 1.3502
In Cable, not only is the bull retracement over but the market has smashed down through the Prior Low of 1.3203 bringing in fresh Sterling sellers.
Driven by the bull triangle the S&P's bull trend may be able to pause at the GAP resistance at 2800 but there is no sign of a turn yet....
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