On Friday, the stock market opened with a gap down and continued to see down pressure the whole day to close lower. It actually closed below the Trend Line support and we could potentially see more downside early next week.
Analysing this S&P chart, I see potential risk off for the coming trading week. Let's analyse other currency pairs to see if this support the expectation
Analysing this S&P chart, I see potential risk off for the coming trading week. Let's analyse other currency pairs to see if this support the expectation
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.