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This week we cover crashing fund flows, an aging Risk Cycle, mild intermediate sentiment, stretched gold, a confirmed breakout in a potash producer, and a major squeeze in currencies, plus more. 1. We hit the 19k level and upper weekly band that we pointed out last week. As we’ll show, the primary path of least resistance is still up but we could see some ...
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Sr. Technical Strategist Michael Boutros (@MBForex) highlights the targets & invalidation levels that matter on the technical charts into the weekly open.