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Narrative follows price

Narrative follows price

The risk trade has picked up in the past hour with S&P 500 futures now up 10 points and commodity currencies bouncing back. That follows a remarkable rally late last week and a great start to the year.

The weekly chart of the S&P 500 shows just how pivotal a week it will be and with a host of big-cap earnings reports along with the US PCE report, there are plenty of catalysts.

One of my favourite market sayings is that "there's no one as bearish as a sold-out bull" meaning that p... Read More

Posted: Jan 23 2023, 13:26
Author Name: forexlive
Views: 111515

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