Looking for US30 to start dumping this week. We had another consecutive week of increasing open interest. High impact news drivers this week. I think interest rates will remain the same, they are predicting it to increase by half of a percent, if that does infact happen, we will have a bullish DXY which means risk off for large investors, money would be pulled out of everything else and be pouring into the dollar, which means everything should be going lower, maybe even a flash crash
Commento:
Stops taken during news but the analysis remains the same. Increased interest rates will melt these equity markets