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This episode is for informational purposes only and should not be considered financial advice.
I'm taking cues from the US Dollar in looking for a short term bottom in the stock market. The strong USD is a result of rising interest rates and can put pressure on stocks. As the market is still in correction as of this episode, I'll be looking for UUP to break its uptrend using a simple moving average cross as a clue that a short term bottom may be in place.
Want to connect with myself and other listeners of this podcast?
Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.
Check out this free SPX 0DTE training course in the Alpha Crunching Community:
https://www.stockmarketoptionstrading.net/spaces/10719554/content
YouTube: https://www.youtube.com/stockmarketoptionstrading
Twitter: https://twitter.com/OptionAssassin
By Eric O'Rourke4.7
293293 ratings
This episode is for informational purposes only and should not be considered financial advice.
I'm taking cues from the US Dollar in looking for a short term bottom in the stock market. The strong USD is a result of rising interest rates and can put pressure on stocks. As the market is still in correction as of this episode, I'll be looking for UUP to break its uptrend using a simple moving average cross as a clue that a short term bottom may be in place.
Want to connect with myself and other listeners of this podcast?
Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.
Check out this free SPX 0DTE training course in the Alpha Crunching Community:
https://www.stockmarketoptionstrading.net/spaces/10719554/content
YouTube: https://www.youtube.com/stockmarketoptionstrading
Twitter: https://twitter.com/OptionAssassin

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