Market Report for Mar 18 2020

New Positions:
EURUSD @DVI and exited below pivot w/ loss.

Trade Zones:
None

Market Trend:
Sideways

Market YTD:
Nasdaq Composite: -18.3%
S&P 500: -21.7%
Dow Jones Industrial Average: -21.4%
Russell 2000: -33.7%

Market Volume:
NYSE Vol: 2B
Nasdaq Vol: 4.8B

Key U.S. News:
Housing Starts
Building Permits
EIA Crude Oil Inventories
FOMC Rate decision

Comments:
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!