Major Movement in Bonds Stocks Dollar and Gold Today
Wed, May 17, 1:31 PM ET, by Corey Rosenbloom
We’re seeing BIG movement today toward RISK-OFF Money Flow in our quad-market grid this morning.
Claim whatever headline you want but markets are moving rapidly toward defensiveness and protection:
The Dollar is in free-fall while Gold and Bonds are boosted by the increasing political uncertainty in the US.
After inching weakly to a new all-time high, stock prices collapsed this morning with a “gap and run” event.
Even if you’re just a stock market trader only, it’s helpful to know what’s happening in broad markets like these.
Oil (not charted) remains stable while these markets either surge or collapse intraday.
This is just a quick quad-chart to highlight the rapid intraday movement and instant V-Spike Trend Reversals.
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Corey Rosenbloom, CMT
Afraid to Trade.com
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Corey's book The Complete Trading Course (Wiley Finance) is now available along with the newly released Profiting from the Life Cycle of a Stock Trend presentation (also from Wiley).”
SDI Glossary: "Bond" Definition
SDI Glossary: "price" Definition
SDI Glossary: "Finance" Definition
SDI Glossary: "Money" Definition
SDI Glossary: "Stock" Definition
SDI Glossary: "Trend" Definition
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