Market at Pivotal Level as Currency Crisis Deepens

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”]PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc3JjPSJodHRwczovL3d3dy55b3V0dWJlLW5vY29va2llLmNvbS9lbWJlZC8xek9XclJOZk5LYz9yZWw9MCIgdGl0bGU9IllvdVR1YmUgdmlkZW8gcGxheWVyIiBmcmFtZWJvcmRlcj0iMCIgYWxsb3c9ImFjY2VsZXJvbWV0ZXI7IGF1dG9wbGF5OyBjbGlwYm9hcmQtd3JpdGU7IGVuY3J5cHRlZC1tZWRpYTsgZ3lyb3Njb3BlOyBwaWN0dXJlLWluLXBpY3R1cmUiIGFsbG93ZnVsbHNjcmVlbj0iIj48L2lmcmFtZT4=[/video_player]

The S&P is back to where it began in mid-June, which means the next leg lower could be a big one. As the S&P tests key levels, the currency markets are roiling and the bond market is getting more volatile. Today was a big roll day with bullish option activity in gold and bearish activity in the dollar. Is this the bullish short-term setup that traders have been waiting for? (FXI, KWEB, LVS, WYNN, GLD, AUY, UUP, HYG, IYR, EFA)…

More from TheoTrade

Where SPY’s $13 Box Breaks

What Kept Me Out of IGV

Wall Street Upgraded This Stock After It Already Bounced

60% Of The S&P 500 Is Already In A Bear Market

The One-Lane Rule Behind $900 Million Paychecks

You Thought the Rotations Were Over?


Most Recent

Where SPY’s $13 Box Breaks
What Kept Me Out of IGV
Wall Street Upgraded This Stock After It Already Bounced
60% Of The S&P 500 Is Already In A Bear Market
The One-Lane Rule Behind $900 Million Paychecks

Get educational market insights sent right to your inbox.

As Seen In