I do not know what to expect from the upcoming Frankfurt speeches. What I know is that in the last weeks we saw no strong participants at all involved in this market. The fact that a so weak level like 31345 could hold for almost an entire day is one of the infinite nuances that are constantly confirming this weak environment.
How could 31613 (GB poor low), just to speak about an other incredible support weak level, could hold just above an other poor low (Tokyo 3058) and slightly above an other poor low (Pit 30425) for so long? This could come only from the total absence of whatever strong participation in this market, both buyers and sellers.
How could 31613 (GB poor low), just to speak about an other incredible support weak level, could hold just above an other poor low (Tokyo 3058) and slightly above an other poor low (Pit 30425) for so long? This could come only from the total absence of whatever strong participation in this market, both buyers and sellers.
Ubi maior minor cessat