When we first introduced most of you to Renko charts a couple of years ago (“MI2 Chart Point: Cutting Out the Noise” 14th Dec 2020), we said that while no charting technique is infallible, “What is particularly attractive is how in volatile markets, Renko brings complete clarity to trends and, most significantly, reversals.” Hence, heading into the Fed with most markets having been in strong trends for months, we wanted to run through the key charts. The intention is to identify the markets that are closest to reversals and highlight key levels.
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