US Equity Markets


      Today’s US Equity Market Commentary reviews the week commencing April 2, 2017. The daily Dollar Index chart is showing a confirmed downtrend, despite last week’s close on a positive note. The weekly chart also confirms this trend. On the monthly time-frame, we’re showing pretty sideways movement. The lower time-frames are showing bullish sentiment although on the hourly chart, we can see that this positive movement may be running out of steam. Based on this, we may be able to better plan out our week for trading the Dollar Index and underlying spot currency markets.

      Run time: 8:21 minutes

      US Equity Markets
      The daily Dollar Index chart is showing a confirmed downtrend, despite last week’s close on a positive note. The weekly chart also confirms this trend. On the monthly time-frame, we’re showing pretty sideways movement. The lower time-frames are showing bullish sentiment although on the hourly chart, we can see that this positive movement may be running out of steam. Based on this, we may be able to better plan out our week for trading the Dollar Index and underlying spot currency markets.


      For more from Tamir including a big picture view of the MSCI Emerging Markets Index, please visit ICE Market Commentary.

      Copyright © 2021. All rights reserved. NinjaTrader and the NinjaTrader logo. Reg. U.S. Pat. & Tm. Off.

      Learn more about NinjaTrader Group, LLC Affiliates.

      Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. View Full Risk Disclosure.

      The trading of virtual currencies and Bitcoin futures carries additional risk. Prior to trading virtual currencies, please view NFA & CFTC advisories providing more information on these potentially significant risks.