Sunday, November 12, 2017

FRIDAY 11/10/17; President Trump Travels from China to Vietnam; MT; Consumer Sentiment; US Stocks Selloff

Aussie and Asia markets begin trading soft. NIKK -1.1%. ASX 200 -0.4%. KOSPI -0.4%. US futures are flat. S&P -2. Dow +1. Nasdaq -3.






[Purchase the 2017-11 chronology to read and study the market drama in November.]







The US dollar index is at 94.28 sitting on the 20-day MA at 94.14. On the week, USD drops -0.6%. The euro, XEU, bounces +0.5% this week to 1.1664 sitting on the 200-week MA at 1.1662. The euro will bounce or die from this level next week and the US dollar index will move in the opposite direction.

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