Wall street update: Decision time
Wall street and many other stock indices are at critical positions.
In this video I drill into the action today, from the monthly down into the 5 min time frame, approaching end of the day's session.
The GER30 is in a critical position and fighting hard to stay afloat. It rules the world.
In general the GER30 does not like a strong EURUSD. And the US30 does not like a weak USDollar. And we're seeing some downside movement on the USDollar basket and upside on the EURUSD. This is good for neither side of the Atlantic. If this keeps up it will add to bearish pressure.
In this video I drill into the action today, from the monthly down into the 5 min time frame, approaching end of the day's session.
The GER30 is in a critical position and fighting hard to stay afloat. It rules the world.
In general the GER30 does not like a strong EURUSD. And the US30 does not like a weak USDollar. And we're seeing some downside movement on the USDollar basket and upside on the EURUSD. This is good for neither side of the Atlantic. If this keeps up it will add to bearish pressure.
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