Trader’s Video Playbook - Monday’s Market Call

Here's Chris's detailed market analaysis, in video form – very timely with the weekend's news and price action…. Try out Trader's Video Playbook, risk free, here. ~ Ilene

Chris Vermeulen's Trader's Video Playbook – Monday's Market Call

Today will be active as the market flirts with major resistance and sellers lurking overhead.

The morning video covers what has/is happening in the market along with how we are going to handle today’s price action.

8:00 AM ET – Pre-Market Video Analysis Points:
–    Dollar gapped down sharply to support last night and is not starting to bounce.
–    Rising dollar is helping to pull stocks and commodities back down this morning almost eliminating last night’s entire price surge.
–    Gold, Silver, Oil and Nat Gas remain in down trends are have yet to form a base or bottoming pattern so we remain neutral on them.
–    Bonds have been pulling back for a couple sessions as money moved from risk off to risk on assets.
–    SP500 gapped up 20 points last night but is only trading up 5 points now.