A note for trend-following funds:
$US has moved above the MA200 on the daily chart (0.01724).
Many trend-following and quantitative funds watch medium- to long-term moving averages like this. Moving above one often attracts momentum buyers, so watch whether volume follows through.
Cast your vote in the comments: bullish or bearish?
#US
Stay rational—don't get carried away.
$US has moved above the MA200 on the daily chart (0.01724).
Many trend-following and quantitative funds watch medium- to long-term moving averages like this. Moving above one often attracts momentum buyers, so watch whether volume follows through.
Cast your vote in the comments: bullish or bearish?
#US
Stay rational—don't get carried away.