Market Direction - Oil trade, gold trade and general Direction of market
Market Direction – Oil trading – USDJPY – Dow 30
What sticks out in this list?
USDJPY is showing strong sell, The dow strong buy as it is ripping to new highs, Gold event though it is showing weakness here, is showing a strong buy and oil!
Oil has a strong sell. We are watching for this to break to $39 for support and have a plethora of stocks to play on the way down.
This is an overview, it is not telling you to trade in any direction. You must be able to analyze the market and manage your risk on any position. You must be responsible for your own trades.