Stocks, Crude and Yen Set Up for Volatile Moves This Week
Posted: Tue Apr 12, 2016 7:58 am
The focus for investors this week will be on the U.S. stock indices, crude oil and the Japanese yen. All three markets posted significant moves on their weekly charts that have caught the interest of most fundamental and technical traders.
U.S. stock indices finished sharply lower on Friday, completing a potentially bearish closing price reversal top on the weekly charts. The major indices declined more than 1 percent for the week, the worst since February 5 for the June E-mini S&P 500 and June E-mini NASDAQ-100 Indices and the worst since February 12 for the June E-mini Dow Jones Industrial Average ... (read more)