Is 3400 in our future? S&P 500 could be!
Jim Welsh of Macro Tides talks with Blake Morrow and looks at the breakdown and reversal of the #SPX and #EURUSD.
Jim talks about the #inflation CPI data released today and how the FOMC may act in the coming months. This has allowed for a possible breakdown that could target the 3400 level near term.
Jim also talks about the EWG (German Index) and the EURUSD and the moves we had following the ECB meeting this week.
Jim also thinks #gold could see above 1900 now following the hot CPI print!
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