Constructive on #S&P but playing #JPY short!
Constructive on #S&P but playing #JPY short!
Blake Morrow sits down with Bill Baruch of Blue Line Futures to discuss the market reaction following the Non Farm Payroll data and how that could influence the FOMC in the coming weeks.
Bill discusses the bond market and the recent move in yields and how he will be playing the JPY short in the coming weeks.
Bill also notes the choppy nature of the crude market and where the good levels to be long and short might be.
Overall, Bill thinks a consolidation in the #SPX above the 200dma is constrictive near term if it can hold!
#trading_news #Bill_Baruch #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Yields #Bonds #SPX #FOMC #USD #Gold #TLT #JPY
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