Review of the key levels in the major markets as the US continues to edge lower. Major market indexes remain bias down for now. USD remains high while Oil , Gold and Cryptos take a beating. I still expect that there may be a major unwind of margin as traders get themselves in trouble and are forced to reduce risk.
Key theme is around the USD and whether it continues higher above 104 (USD Index) or we seems some dollar weakness...will depend on the US CPI Date release ahead of the coming US session.
Markets covered US - DOW, Nasdaq and SP500 Europe - DAX and FTSE100 Asia - Hang Seng, ASX200 and Nikkei FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY Commodities - GOLD , Oil and Copper Crypto - Bitcoin and Ethereum
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