Asia biased macro & technical analysis, Untying The Gordian Knot

Untying The Gordian Knot

A differentiated process with a primary focus on Asia. Technical Analysis as core and Macro drivers that could bring the view to fruition & changes that could make the idea fall apart. The objective is to be the best in class, hence corner shop.

Asia biased macro & technical analysis

Macroeconomics

<ul><li>On May 4, 2023, WTI futures experienced a significant drop of 6.58% before closing with a slight gain of 0.66%.</li><li>Creating a bull flag reversal pattern, but prices did not make higher highs or higher lows in the following weeks.</li><li>Therefore, a more stable, extended base formation was necessary instead of a quick V-shaped recovery.</li></ul>

On May 4, 2023, WTI futures experienced a significant drop of 6.58% before closing with a slight gain of 0.66%.Creating a bull flag reversal pattern, but prices did not make higher highs or higher lows in the following weeks.Therefore, a more stable, extended base formation was necessary instead of a quick V-shaped recovery.

Energy | Jul 20, 2023