Indices and Currencies to Watch
Euro and Aussie are up next for buy setups, and the NASDAQ has traded down into our “buy the dip” zone.
Euro and Aussie are up next for buy setups, and the NASDAQ has traded down into our “buy the dip” zone.
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
We have seen good signals for the past two weeks, but going into next week the signals have shifted. Let’s review the signs and check out our watchlist.
I break down the tendency from the trend and share the outlook I have as we near the summer trading season.
US dollar shorts have worked if you know where to look, and there are new trends emerging as many more established trends have gone consensus.
In this video, I’m looking at the Daily, 120 minute, and 10 minute time frames for support and resistance. Have a wonderful weekend!
The market both benefits from and suffers from high concentration weighting. Just two names could be the “culprit” for most of the weakness seen in early today.