Follow on FaceBook – Twitter – LinkedIn – YouTube and Instagram!!
PROCESS IS KEY….DEFINE LEVELS – MARK EXPECTED PRICE ACTION – TRADE THE SETUPS
OVERNIGHT MARKET SNAPSHOT FOR FRIDAY 26/05/23
A handful of AI related Tech stocks supported the broader market in the US while the DOW continued to edge lower into a longer term support zone. US Debt ceiling talks took a step in the right direction albeit a very small one…I do not expect a deal until the last minute as US Politicians enjoy the limelight. The USD continued higher putting pressure on dollar denominated currencies and commodities while US Bond yields continued to re-adjust higher and factor in sticky inflation.
Expecting mixed open in Asian markets with the ASX200 expected to start flat while the Hang Seng expected to open down 180 points and the Nikkei to open up 180 points.
I expect that there is major concerns over the US economic slowdown brewing, and how the US is going to fund its debt with GDP easing. Longer term trends are for interest rates to level out but potentially later rather than sooner which will put more pressure on the economy.
Some KEY ACTIONABLE LEVELS into the Asian market session. Review of the European and US sessions and what that will mean to the price action in the near term along with key levels to watch.
CLICK HERE FOR FULL ECONOMIC DATA OUT TODAY (AEDT) 26/05/23
Join Our TRADERS HUB DISCORD CHANNEL for updates and trade ideas (email tradethestructure@gmail.com for the link)
Watch the FULL REVIEW here 👇
KEY LEVELS AND MARKET OVERVIEW INTO THE ASIAN SESSION OPEN

Disclaimer: the contents of this 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.