Month End Charts (and bonds)
Published 1 Nov 2023
RESEARCH CONTENT Month end closing prices allow for a review of longer-term trends, as well as changes in price sentiment that forewarn of new trends.
Numerous charts showing how October's price action brought an unusually high number of new signals in equity and FX.
Furthermore, on a shorter-term basis, price action in charts show that there are signs of changing sentiment in longer maturity bonds. November’s price action should determine whether the bear market is over, and if this will be followed by a trading range or a full reversal into a bull trend.