Market Report for Mar 18 2020
EURUSD @DVI and exited below pivot w/ loss.
Nasdaq Composite: -18.3%
S&P 500: -21.7%
Dow Jones Industrial Average: -21.4%
Russell 2000: -33.7%
NYSE Vol: 2B
Nasdaq Vol: 4.8B
Key U.S. News:
EIA Crude Oil Inventories
FOMC Rate decision
We still have high volatility in the market with double the amount of usual volume in the stock exchange.
S&P 500 rebounds 6% but the prior day it was almost -12%.
FX is still in trends so the focus is better placed here than in trading stocks.
CAD has news due out today that will affect USDCAD and perhaps CAD crosses.
Lets go trade!