There is too much liquidity waiting to be allocated for there to be ANY extention to this drift lower. From these levels any sharp move will be to the upside.
There is too much liquidity waiting to be allocated for there to be ANY extention to this drift lower. From these levels any sharp move will be to the upside.
There is too much liquidity waiting to be allocated for there to be ANY extention to this drift lower. From these levels any sharp move will be to the upside.
These are not buzzwords - these are just words that best descibe current market dynamics. If you do not understand I will gladly explain them when I have time.
FWIW, by "desk" i am referring to the team of traders and salesman that I manage.