Economic Calendar
Light week in term on news event. orange folders only. As of now nothing really important to worry about. Past week have been heavily bearish. Slow retracement the coming could make sense.
DXY – USD Index
After reaching the 50% of the HTF range price started to retrace. I expect a continuation lower this week.
Currencies
Obviously with DXY expected lower, i expect EU & GU to go up with more bullish intent of the side of GU ( 6B).
Metals
Metals are also bearish, especiallya Silver & platnum whereas Gold is more ranging. I’m not use to trade platnum but it can present go setup to lower i believe. After taking the SSL i would be carefull of a strong retracement or reversal.
Indicies
Indicies are bearsih especially NQ & RTY. NOte that we see a « P » shape volume profile on NQ. If price closes below . There is a high chance that it will dive to next SSL around 27500
