2 scenarios - 1 Bullish - 2 Bearish
Which is more probable?
probably scenario 1 - low rates here to stay, Fed, ECB and other central banks pumping liquidity into markets - which forces savers to look for returns in riskier assets (stocks, bonds etc)
BUT there is always a probability for scenario 2 - maybe a, "wake up and smell the coffee moment" i.e. the "people" finally realise that the Emperor really is wearing nothing!
1 Ascending triangle with a break out at week ending 01119
2 Rising wedge
