Why You Should Be Concerned Over a Deeper Market Decline Ahead (Forex Trading Video)

Talking Points:

• The S&P 500's effort to further its rebound was troubled by a 5th bearish gap down, red close and largest upper wick in 2.5 years
• Obsession over catalysts (which comforts some) should not supersede the underlying conditions that pose the true greater threat
• As risk trends continue to hold center stage, traders should also consider the Dollar's rebound, Pound's BoE influence and Oil break

Sign up for the live webinar coverage of the Bank of England's Super Thursday policy decision with Nick Cawley in the London session on the DailyFX Webinar Calendar page. https://www.dailyfx.com/webinars?ref-author=Kicklighter



Source: DailyFX - Forex & Macro News (via YouTube)
Comment Form is loading comments...