November 28th, 2023 Market stalling. When a market starts to stall in a trend, it will almost always start to show signs of mean reversion, and that’s what we’re seeing right now in the US Indexes. The 5-day moving averages have caught up to current pricing, and the daily Bollinger Bands have started to move […]
IN THE OVERNIGHT 28 NOVEMBER
Asia Mixed…Europe RED TOP STORIES OVERNIGHT US Warns of Evolving Threats to Ships Sailing Through Red Sea-BBG A spate of attacks on merchant shipping near Yemen and Somalia, likely triggered by the war in Gaza, have prompted the US to warn vessel operators to be extra careful when navigating the region. “Exercise caution when transiting […]