$F TOP 20
Added 2024-04-21 18:30:04 +0000 UTCCyclicals took a hit this week and the US Yields staying high has taken a big hit on this sector, people simply delay upgrading their cars when rates are high.
Price just about managed to hold on the 200 Day MA this week and back in the channel but if the impulse wave does not continue, which I suspect it will struggle with, I would then expect $F to just continue moving through this yellow wedge of the next 6 months.
It has been in this wedge since July 2022, it is formidable.
