Market Quick Take – December 15, 2020

The broad US equity market stumbled rather badly relative to intraday highs yesterday, although the Nasdaq 100 hung on for a slight gain yesterday, and global markets were rather mixed to indifferent on the day. Markets should remain nervous through the FOMC meeting tomorrow evening, where the Fed is expected...

Breakout Identified in AUDJPY

The Breakout Opportunities system has just sold AUDJPY at 78.282. The system recommends entering this trade at any price between 78.126 and 78.383. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.236, suggesting that the AUDJPY may have further...