Dollar Extends Rally for a Few Key Breaks, S&P 500 Throttles its Descent
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Dollar Collapse Paused and S&P 500 Unsure as Extreme Volatility Confronts CPI Wait
Scheduled event risk over the next 48 hours seriously lacks for one-punch market impact until we reach Thursday’s CPI, but that should lull us into complacency
Source: dailyfx.com
S&P 500 First Gap Down in 5 Days, USDJPY Longest Run in 5 Decades
Fed speak, earnings and international inflation have represented key near-term event risk; but the foundations of trend may rest with themes next eek or the wholly unexpected
Source: dailyfx.com
Huge S&P 500 Gap Higher and Earnings Glow Hide Growing Financial Threats
Those looking for justification for a ‘risk on’ mentality can find it in the UK’s fiscal policy reversal and NFLX earnings, but there are serious underlying issues
Source: dailyfx.com
Dollar Retreat and S&P 500 Rebound Shouldn't Solidify Trader Confidence
For the S&P 500, the week has opened to its biggest bullish opening gap since November 9, 2020; but there remains a serious hurdle to fueling conviction
Source: dailyfx.com