Tuesday, February 13, 2018

Calm Before The Storm - Market Update by Vince Vora for February 13th, 2018


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$CSCO $SBUX $SNAP $TSLA $ULTA...

In tonight's update, Vince covers:

1)  U.S. equities started the day lower before mounting a comeback and closing in positive territory. The Dow Jones Industrial Average gained 39.1 8 points, the S&P 500 added 6.94 points while the Nasdaq 100 closed higher by 31.55 points and the Russell 2000 finished higher by 3.97 points.

2) The U.S. dollar is at a very critical level. The daily chart is flashing a potential sell signal while the weekly and the monthly charts are highlighting an area of major support. Which way will the U.S. dollar move next?

3) Although we witnessed a significant bounce off today's Lows for stocks, it was a much quieter trading session with much lower volume than we have become accustomed to over the past two weeks. This may have been the Calm before the storm as tomorrow's Consumer Price Index report has the potential to really rattle this Market.

For more http://bit.ly/TradingWinsFeb132018

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