bearish
Helixtap Analysis: Prices Still Under Bearish Signals Even After Trending Downwards By US$100/mt
1 View01 Jun 2023 13:14
Over the past 3 months, most prices in the physical rubber market registered a decline of US$100/mt or more. As signalled in the previous article covering these prices, most short term signals then for the 20 and 50 day moving averages (MA) were bearish. Then, in early March 2023, AFR10 (CIF assessments) registered a bearish 20/50MA cross.
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