The market disappointed many looking for breakouts early in the week with strong downward movements in equities following some bad economic numbers. The data still show a diminishing of risk appetite, but is this the start of a much deeper correction in equities, or will we stay in the same frustrating mean-reversion that has occurred since mid-Februrary?
In this Abbreviated Stocktwits Brunch, We Discuss:
- Potential inflection points in the equities market
- How the correlation breakdown in the dollar and the S&P has been bullish
- What currency pair you need to watch for a bullish turn
- 4 "Risk Appetite" pairs trades to watch
You can view Stocktwits Brunch below:
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