Markets – Macro – Technicals

Tuesday’s Market Brief

Futures are bouncing again overnight. The question is if sellers will dominate the open again as in the past few days. The chart suggests the market will make a decision today whether to break higher or lower out of the channel we’ve been observing:

ES

What I’m reading:

Foreign ownership of U.S. equities hits 69- year high

Grand Central: How Is It That Economists Still Don’t Get Where Inflation Comes From?

The start of ‘the Great American Oil Bust’ as Saudis drown shale boom

UK inflation rate falls to 0.5% in December

Saudi cleric issues fatwa on snowmen

Today’s detailed member update:

Drudgery

Advertisements

Tagged as: , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

The material on this website is provided for informational purposes only, as of the date hereof, and is subject to change without notice and does not constitute investment advice.
Home | About | Disclaimer | Contact
Copyright © 2013-2017 NorthmanTrader
The materials on this website may not be suitable for all investors and are not intended to be an offer, or the solicitation of any offer, to buy or sell any securities.