A review of the price action from the European session and US session as traders go into 'risk off' mode on stronger than expected inflationary data. The US gapped down on the open and held the lows into the close. The USD continued higher while US bond yields again rallied which pressured the broader share market. I look at some key levels to watch and the price action setups I expect to see play out.
Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.