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Pre Market Analysis - Monday November 14
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- No economic data during today's NY Session
- Equities holding bullish structure for time being as stock market optimism is holding after last weeks surprise softening of inflation (down to 7.7%)
- Dollar having a small pullback from bearish structure, looking indecisive
- Expecting low volume and volatility, waiting for potential better set ups later this week
Trade Idea:
- If DXY starts breaking below 106.50, Equities start printing new higher highs, I can see potential breakout buys on gold above 1766, and SP500 buys above 4000.
- Equities holding bullish structure for time being as stock market optimism is holding after last weeks surprise softening of inflation (down to 7.7%)
- Dollar having a small pullback from bearish structure, looking indecisive
- Expecting low volume and volatility, waiting for potential better set ups later this week
Trade Idea:
- If DXY starts breaking below 106.50, Equities start printing new higher highs, I can see potential breakout buys on gold above 1766, and SP500 buys above 4000.
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