Breaking News: June 19, 2023 Indices, Stocks, USDX & YEN Market Analysis

Market Breaking News June 19 Update, 2023:

 

Medium and Short Term

Indices - H4 Higher and choppy
USDX- H4 Lower  
YEN- H4 Choppy
Commodities- H4 Higher
Cryptos- H4 Choppy

TRADING OPPORTUNITY

Buying  indices (in the correction)
Buying  XAU and XAG (in the correction)
Buying Teck (in the correction)
Buying  Commodities Crosses (in the correction)
Buying GDX/XLE (in the correction)
Selling   BAC bounces as  Hedge Trade (in the correction)

WHAT WE DON´T DO IN THE MARKET UNTIL MORE DATA

Do not Sell Yen Pairs
Do not Sell Precious Metals
Do not Sell Indices
Do not Buy USDX 

 

RIGHT SIDE :

Indices 

Weekly- Bullish
Daily- Higher and Sideway
4 Hour- Higher

USDX 

Weekly- Lower
Daily- Lower
4 Hour- Sideway-Lower

YEN Pairs

Weekly- Higher
Daily- Lower
4 Hour- Higher

WARNING

The best trade is when we have two or more alignments in a row. And the instrument has a bullish structure:

Exp: Instrument In ( Weekly, Daily, 4 Hour)
Weekly- Right Side Down
Daily- Right Side Up
4 Hour- Right Side Up

We can buy in H4 / in (3,7,11) swings when the correction is complete.

Never risk more than 2% capital per trade.
Indices and Stocks Lower, USDX  Higher, YEN Sideways to Higher.