Here are some of the most noteworthy trendline developments across the markets for Wednesday, February 19, 2020.
Euro $EURUSD Testing Post-2000 Up Trendline
Chinese Shanghai Composite $SSEC Testing Broken 1-Year Up Trendline
Spain $IBEX Composite Testing Post-2007 Down Trendline
Yen ETF $FXY Breaking Post-2015 Up Trendline
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Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.