Daily discussion to exchange ideas and share your thoughts
The market looks more undecided to start the new day, the major currencies trading shortly after the rebound in US stocks yesterday.
Wall Street had more volatile trading, but in the end, dip buyers won, as indices closed at highs to create doubts for sellers after the downturn started.
And risk will again be the main driver of trading sentiment, but given the type of volatility, we may have to wait for US trading to get a better idea of what’s going to happen before the weekend.
Again, the S&P 500 graph remains the key point to watch in my opinion:
So let’s see if the sellers can regain their strength or if the dip buyers can stick to yesterday’s momentum to end the week.