By Chris Vermeulen
A Short Post with my current thoughts on the Financial Markets (US Dollar, Crude, Gold, Stocks).
- Yesterday was do or die day for stocks and commodities to breakout but they failed once again at resistance.
- The US Dollar in overnight trading has made a strong move up and that is putting pressure on stocks and commodities.
- Gold touched a key resistance level yesterday as expected and sellers quickly sold it back down along with silver.
- Crude Oil continues to pullback to our target of $88 per barrel.
- We continue to let the market work it’s self out before taking anymore action.
Also feel free to check out my latest trading Video for further explanation.
