A Powerful Indicator -Vince Vora's Market Update January 10th, 2018
In tonight's update, Vince covers:
1) U.S. equities closed slightly lower today over concern that China May halt its U.S. Treasury Bond purchases. The Dow Jones Industrial Average dropped 16.67 points, the S&P 500 lost 3.06 points while the Nasdaq 100 closed the lower by 10 points and the Russell 2000 finish lower by 0.30 points.
2) There was also news out of Canada today that affected the U.S. markets. Top Canadian officials believe the Trump Administration will pull out of NAFTA. This ignited the Forex market and caused EWW and EWC to close sharply lower.
3) Accurately reading trend and having the ability to spot big moves before they happen are two traits of a successful trader. In today's video, I will show you one indicator that will help you do both.
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