Chart of the Week

We continue to believe that, no matter what kind of intradAy action we may see on a short-term basis, we remain in a distributive market phase and that we still have some unfinished business at December lows.
Remember that on top of the usual headline risk and ongoing Brexit Circus, we will see a pick-up in earnings and a lot of Central Bankers on the wires this week as we approach the G20.
As we will discuss and review today we have chosen Crude for the chart of the week and we would make sure to keep a very close eye on this as well and on USDCNH to get a feel for intraday momo and flows.
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Wishing you a great day ahead.

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