[Week 04 - 2022] Trades Recap and Trade Setups
Updated: Mar 27
Just last week we warned about the potential correction of the stock indices as we displayed the high P/E ratio of the top 10 members in the S&P500 index. The trading week ended off with stocks getting hammered, closing off at the 200-days moving average and the crypto market getting slashed by half.
For all of you who have been following me, you would have realized that I am long commodities since last year. Inflation is real and it is key topics right now along with interest rate. Pay special attention to any news related to these.
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Credit: ForexFactory.com Time: +8 GMT
Dollar Index (DXY)