Nasdaq - Profit taking and risk aversion shift momentum
Ahead of the G7 meeting (which is shaping up to be confrontational) traders seem to have reduced longs
on equities and there is a tad of risk aversion creeping into the market as Jpy crosses are lower as well.
From a technical perspective, 7220s/previous key high have been rejected. Tomorrow we may see
some counter-trend possibilities.
on equities and there is a tad of risk aversion creeping into the market as Jpy crosses are lower as well.
From a technical perspective, 7220s/previous key high have been rejected. Tomorrow we may see
some counter-trend possibilities.
