Follow on FaceBook – Twitter – LinkedIn – YouTube and Instagram!!
The US remains focused on economic numbers and whether a slowing economy can offset higher inflation. Expectations are if data releases fail to meet analysis consensus, then we may see inflation peak and therefore a less aggressive US Fed Reserve towards interest rates. This would bee seen as a positive for shares but I suspect only in the short term. US employment data came out stronger than expected and weighed on the US into the weekend as the USD pushed higher and US bonds lower.
For a more detailed Macro technical view and major market trend analysis…check out the video below for my market review and key technical levels for general market bias.
Hope you enjoy!!
Join our DISCORD channel to follow The 5 Min Trading Day strategy and for more great trades while honing your trading with our community of both new and experienced traders!! Simply click https://discord.gg/4WhySawSvm
You can learn more and join our community by visiting https://www.tradethestructure.com and make sure to register for a FREE MEMBER ACCOUNT for great educational material and trade ideas.
Disclaimer: the contents of this report post are presented for informational purposes only. They should not be viewed as investment advice, nor a solicitation to buy or sell any financial securities. Investments in financial products are subject to market risk. Some financial products, such as currency exchange, futures, contracts for difference, options and warrants are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. Trading currency exchange, futures, contracts for difference, stocks, shares, options and warrants on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in currency exchange, futures, contracts for difference, options, stocks, shares and warrants you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with currency exchange, futures, contracts for difference, options, stocks, shares and warrants trading, and seek advice from an independent financial advisor if you have any doubts.