Review of the key levels in the major markets as the US bounces back Friday following of from a strong Asian and European session. Bargain hunters taking the opportunity to buy in an extended market so the questions is whether this bounce can gather momentum higher.
The general trend for major Indexes remains down with the USD, Inflation and Interest Rate Rises in focus.
BITCOIN and ETHEREUM took a beating as BTC spiked below 30k to take out some stops. Crypto enthusiasts will be hoping to see BTC back above the 30K area to fend off more selling pressure.
Markets covered US - DOW, Nasdaq and SP500 Europe - DAX and FTSE100 Asia - Hang Seng, ASX200 and Nikkei FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY Commodities - GOLD , Oil and Copper Crypto - Bitcoin and Ethereum