Rinse, Wash, Repeat is the common theme as the market sorts out it’s next directional move. My slight bias is to the downside, but I’m also open to the idea that the market could go up further and will have to be traded accordingly. Hence there are some decent looking set-ups below the video for you to add to your personal watchlist.

The video felt a little rushed but it’s really hard to do a proper recap of multiple markets in 5 minutes…

3 Momentum stocks you probably have never heard of.


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5 Responses to “2nd Verse, Same As The 1st”

  1. Allan Says:

    I think the USD is sending a clear signal. 7 of the last 11 trading days has seen it close above its rising 50dma.
    An upside acceleration would appear to be on the horizon and that can only spell disaster for shares and commodity markets.

  2. jeff pierce Says:

    It would be a pleasent surprise to see the dollar rally. Would make things cheaper for me in canada…lol

  3. abdul Says:

    This is a bankrupt currency but due to exodus from euro, there is no choice but dollar gain. I bought DX when it was at 77 and closed out early at 78.

  4. Allan Says:

    abdul, bankrupt maybe, but less bankrupt than anyother option besides gold, which WILL take a hit along with the markets(at least initially).
    Just my opinion but I think you sold early. The dollar has a ways to go. In fact it may hit DX may hit 90

    Cheers

  5. abdul Says:

    Now I can see how low the confidence on euro. Agreed with you Allan and as long as the crisis on euro remain, the USD surprisingly have taken to the trend. I closed out too early, too excited to taste some profit of a long spell. I still feeling good you know.

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