The SPX May Still Trade Below 3700!
Jim Welsh of Macro Tides talks with Blake Morrow to talk about the market reaction following the #NFP and #ISM data last Friday. He breaks down all the ISM data and chart and says that this report should not sway the fed.
He also discusses financial condition and how the FOMC will be focused on this and the “Non Inflationary Unemployment Rate” as well.
Jim also gives his technical view of the US Dollar (bullish) and gold (bearish) and how yields and the S&P500 may act in the weeks ahead.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Jim_Welsh #SPX #USD #FOMC #bonds #S&P500
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