RE: Check the charts9 Oct 2019 10:32
On the flight back from a holiday I sat next to a broker from a Private Client Firm. he was telling me how nearly all his firm's private clients were in HUR, and he personally 'liked' HUR.
The point being is that HUR is a PIs' favourite.
It is the classic 'David vs. Goliath' underdog story - especially as the majors previously said FBs were unsustainable! This all adds up to a very juicy target for manipulators, and MMs(same thing in my eyes).
PIs don't have the discipline and research that institutions have. Neither the deep funds' wallets with 'other peoples money' therein. Fear is a powerful force, and when there is no apparent light at the end of the tunnel, despondency creeps in, and all hope is lost.
It is these emotional mind games that are pushing the market down. That, along with the UK, climate and fossil fuels, and the world economic situation, all add to the cauldron.
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