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NorthmanTrader

Markets – Macro – Stocks – Charts – Alerts – SetUps

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

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Categories: Daily Market Brief

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