Simon Clarke takes us through some key markets that he is watching for trading opportunities in the video below.
The Dow has been continuing to consolidate above the 15,900 level, if we can get a break through this level we will look even more bearish and we could see further moves lower. Crude Oil is still looking bearish and we look to possibly be setting up for a move to the short side. If Crude can break the 43.80 level then we look set for a move down to the prior low. In the forex market, USDCAD is looking increasingly bullish and Simon outlines a trade plan to get a long entry into this market.
NB: For the highest quality viewing click on the wheel in the bottom right hand corner of the video and select 720p. This will dramatically increase the video image from the default setting.