In today’s FX Hour, we discussed multi-year highs in consumer borrowing as a sign of consumer confidence. We looked at the sectors that would benefit most from consumer borrowing and spending. We also discussed inflation and the inverted yield curve. We discussed causation versus correlation and talked about the U.S. dollar, oil and gold prices.
The Market Profile value areas and ShadowTrader Pivots for /ESU19 and /NQU19 Futures are posted free every morning in the ShadowTrader Swing Trader newsletter. Key Levels for Today 2964.50 Top of Gap 2939.00 Bottom of Gap 2984.50 POC Slated to open lower this morning within yesterday’s range and definitely still in balance, both […]